Loading ...A Look at Gold & Silver Sentiment
The CoT’s definitely support a bounce in the sector but I’m not seeing extremes across the board within the context of a downtrend. The weeks ahead will be very interesting to see if bulls can build on this opportunity. We now have very important support in the low $1200s with resistance at $1240-$1260 and very strong resistance above that.
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I will speak for the silent majority .
This is fantastic analysis Jordan.
Your work is unique and we are very happy to have you posting it here.
Thank you for the kind words Fully and thank you for allowing me to contribute.
good stuff. Been noticing the board a little slower with feedback lately as well. Summer doldrums I believe and many are out having fun for the summer and no need to watch the gold every day as it is boring and wearing thin on many. ‘Sell in May and go have fun’ but just a few of us old chickens left here in the coupe holding the fort down, that’s all. It’s been many years of “this is it, gold breaking out” mantra along side of bearish views and I truly think many are throwing in the towel and jumping into other sectors. Many here are probably underwater big time in some trades and cannot trade anymore so it does not matter to follow the site daily anymore. The lurkers read only and do not post remarks, so don’t fret too much that your hard work goes unappreciated, things will pick up this fall. Hey , black Tuesday in October mantra just around the corner. Maybe this time she crashes. 🙂
Old Chickens left in the coupe! I like to think of myself as a not so old owl, Lol 🙂 Yes definitely the summer doldrums. Roll on October.
Great analysis as always. Thanks Jordon.
Great analysis, Thanks Jordan. Yes, you could almost hear a pin drop in here, lol.
Thanks you 3 guys for keeping it light and lively