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Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection, as well ...more

No One Cares About Investing In Gold Right Now

Date: Tuesday, May 9, 2023 6:45 AM EST

Gold, Ingots, Treasure, Bullion, Gold Bars, Wealth

Image Source: Pixabay
 

In this video, we take a look at some sentiment indicators that reveal that bullish sentiment in Gold is below where it should be. In particular, the number of stories on Gold is much closer to lows than the highs of 2020 & 2022. Also, ETF holdings in Gold and Silver remain around the October 2022 lows. This is encouraging because it reflects a lack of interest in the precious metals sector. However, if and when Gold breaks to the upside, interest and bullish sentiment will jump accordingly.

Video Length: 00:07:45


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