Today King World News is pleased to share a fantastic piece which give readers a remarkable view of the war in the gold market. This piece also includes two key illustrations that all KWN readers around the world must see.
King World News note: The chart below shows the recent short covering by the commercial hedgers in the gold market.
King World News note: The chart below reveals that the sentiment in gold is at a point of excessive pessimism at this time. From a contrarian perspective, this is a positive situation for the gold market. Gold has been recently in a sideways trading range. It will be interesting to see if the next move is to the upside in terms of a breakout.
These charts are just a portion of one of the latest fantastic reports. To try a free 14-day trial of the internationally acclaimed work that Jason Goepfert produces at SentimenTrader simply CLICK HERE.
***ALSO JUST RELEASED: The Greatest And Most Destructive Of All Bear Markets Is Coming, Gold, The Great Unwind And A Critical Lesson CLICK HERE.
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