Sentiment Points to Lower Bullion Before a Rally in Gold ETFs
May 01, 2014 at 15:39 PM EDT
Gold exchange traded fund watchers may see more pain before a bullish trend appears, according to contrarian analysis. Gold prices rallied last June and December after the Hulbert Gold Newsletter Sentiment Index (HGNSI) dipped to a negative 56.7% and negative 36.7%, respectively, writes Mark...