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Sentiment

Hulbert: Gold Sentiment Not Bearish Enough

By Jordan Roy-Byrne CMT, MFTA •Posted on November 12, 2013

Mark Hulbert’s HGNSI is not looking to favorable for contrarian bulls. The HGNSI was over -50% at Gold’s summer bottom. With Gold trading around $1300 the indicator is above 20%.

Source: Why Aren’t Gold Traders More Scared?

nov12hgnsi

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I’m Jordan Roy-Byrne, CMT, MFTA the editor and publisher of TheDailyGold.com and TheDailyGold Premium, our premium publication which emphasizes market timing and stock selection for precious metals investors. I’m a Chartered Market Technician and Master of Financial Technical Analysis. My Masters Thesis, which earned me the MFTA designation was published in the International Federation of Technical Analysis Journal. Read more →

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