Gold Sentiment Interesting report.
Especially interesting is this chart from report.
These guys tend to be very wrong at market turns.
goldguy
Also sentiment of gold bulls in futures trading (below) is very negative.
Even more interesting is a data point we haven’t discussed in some time, namely the Daily Sentiment Index. The chart below depicts a 5-day average of this index (which is a survey of futures traders conducted by tradefutures.com). It has just reached a record low of only 5% bulls. This compares to a record high of 96% bulls at the 2011 peak.
record
A record low in the 5-day average of the daily sentiment index on gold – click to enlarge.