Quintrin

Gold market sentiment: why this correction may be nearing its end

Precious metals remain in an intermediate correction, but several real-money sentiment indicators suggest the market is working its way into the later innings of this pullback. While technical charts still point to potential downside, sentiment data indicates any lower lows would likely be unsustainable.

Institutional Positioning Shows Limited Enthusiasm

The Bank of America Global Fund Manager Survey reveals that a net 16% of managers currently consider overvalued . This marks the lowest reading in the past 10 months and the second-lowest in 15 months, indicating professional investors have turned increasingly skeptical during this correction ...

Commentary by: Jordan Roy-Byrne

BREAKING: Silver reaches $100 for the first time in history. 🪙🪙🪙