Market Sentiment Marks A Fresh Bottom For Gold

Posted by Seeking Alpha

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Summary

Google Trends has once again flagged a tradeable bottom for the SPDR Gold Shares ETF.

The sentiment shift in gold is also demonstrated by significant changes in the trading action for the SPDR Gold Shares ETF.

Most importantly, significant changes in the global landscape for interest rates and rate expectations are helping to sustain a fresh interest gold.

Google Trends continues to prove itself useful in assessing the potential for important turns in the direction of gold, specifically the SPDR Gold Shares (NYSEARCA:GLD).

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