Hulbert’s HGNSI joins other sentiment-based positive indicators for Gold
Just as ole’ Jim Cramer above signaled an imminent short-term rally recently in the stock market, bleak views coming out of the gold bug “community” are reliable contrary indicators. The Hulbert Gold Newsletter Sentiment Index (HGNSI) is out and it is fully bullish on a contrary basis as it shows gold newsletter writers in full retreat.
But first…
We have noted that Gold’s CoT has been improving (CotBase)…
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