Miners sentiment chart and Gold sentiment chart
The gold sentiment chart cycle’s up and down several (3) times a year.
Miners seem to have one cycle (Valley- Peak -Valley) a year.
I have plotted the tops and bottoms of Gold onto the Miners chart.
They align nicely.
It looks to me that gold has one more cycle Peak and bottom to complete
Then the miners should see full capitulation (Near 0 % sentiment).
When that happens (3 to 6 months?) I am guessing a blast off is coming.
This is just my humble opinion.
I am no expert, I am only sharing observations for discussion purposes.
Cheers
R
Link to Miners chart Miners DSI
Hey Rob. I really like your contributions. Your posts are always informative and timely. Thanks!
Plus 1
Thank you Strider and Fullgoldcrown.
It’s nice to have a forum to get new view points and share my own with out being looked at like I am an alien 🙂