30.09.2015 - 7 Bullish Gold Price Indicators
It is getting very exciting in the gold market! We have shown several bullish gold indicators in the last couple of weeks. Here is the thing: the number of bullish indicators keeps on growing. First, GLD ETF, the largest exchange-tradable gold ETF, has the lowest put-to-call ratio since 2012, right after the failed attempt of gold to break through its all-time high. Second, the number of short positions in GLD ETF has reached long term lows. Although we are not able to show the long term chart, as it is protected material by shortsqueeze.com, we can pull up the following table. Note how the latest update from this week points to a 10% decrease of shorts compared to two weeks ago...............................................Full Article: Source
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