Gold turnaround mid December?
In the conversation below this is what Bob Moriarty believes. When the DSI drops below 10, probably mid December. I’ve followed Bob for many years and he may not be exact but he is always pretty close. What sort of damage will be done to the shares? Could a slow grind sideways work off DSI by then? Anybody want to take a crack at a long term DSI chart for the PMs?
What is DSI?
Same. Never heard of it.
Perhaps “Dip Sh*t Indicator”?
In any event, my target from earlier was late Dec.
But that was presuming a 1 down. Looks more like a corrective 4.
Daily Sentiment Index, me thinks.
How is it generated? I’m gonna have to start googling soon….
Silver Fox is correct.