Gold Miners sentiment bottoming out – Very Bullish sign
When there is no one left to sell …
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If it helps, my sentiment is pretty shitty at the moment as well….
+1
LOL – I hear you brother 🙂
moi aussi – le monde est fou!
It bottomed a month ago too.
And more sold since that sentiment low.
Yes, I commented on a potential bottom at the time but my charting said be patient.
I think that’s the case here too.
PS … new low for GDXJ.
Contest continues.
Fully took his one time shot.
Anyone else want to “call the bottom” in real time?
NO FAIR PEDRO…SILJ GDXJ GLD AND SLV HAVE NOT MADE NEW LOWS …I TAP MY HELMIT ON YOUT CALL
102.06 in the last hour
GDXJ 102.88
per the poll, contest, challenge …
this low from late Friday is NOT the final correction low. IMO.
Posted by pedro_deleon @ 11:43 am :: Uncategorized :: Edit post
March 23, 2026 – 11:43 am
https://goldtadise.com/?p=693289#comments
Fullgoldcrown
March 23, 2026 – 11:58 am at 11:58 am
SO WHAT DID I WIN ?
pedro_deleon
March 23, 2026 – 12:02 pm at 12:02 pm (Edit)
No winner until the correction is (proven to be) over.
(Deadcat) bounces don’t count.
You can claim the final low is in (ONCE and ONLY once).
Here’s Armstrong’s take from last week. This is “throw in the towel week.”: “We see higher volatility next week and a turning point. Gold could make a false move and decline to a low next week, prompting people to throw in the towel. Then we may see consolidation, and the week of June 16th will start to recover.” I know a few here don’t like Armstrong, but at least he tries. LOL. I hope he’s right here. He sees a rally into an August high with ideal targets at 6007.77, 6365.20, or 6612.84. The extreme targets remain at $7,000- $8,800. That seems only possible if we saw China invade Taiwan. The most likely scenario is that May will produce the lowest monthly closing in a 3-month correction. However, the intraday low may spill over into June.” It has spilled into June unfortunately. He sees silver as still advancing to a phase transition high this year. Whatever that means.
I don’t mind Armstong’s verbal prognostications but his “computer driven charts” are utterly useless imo.
Thanks for sharing… Interesting.
RE China invading Taiwan – Wars have a very short term unsustainable effect on Gold…
And as fully stated below, China won’t attack Taiwan. They will strangle them economically instead.
He also called an interim top in the indices this week with a multi month consolidation to follow. Spot on at the moment. This would’ve been a good week to see the high.
CHINA WILL NEVER INVADE TAIWAN …THATS THE ONLY CERTANTY
In this weird world never say never.