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Gold Outlook: Bears Showing Signs Of Fatigue
Friday, September 25, 2015 19:56
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goldsilverworlds.com / By Taki Tsaklanos / September 25, 2015
Bloomberg reports today an extremely interesting insight from the options market. Based on data compiled for SPDR Gold Shares (GLD) by Bloomberg, the put-to-call ratio, or the number of bearish options trading compared with bullish ones, is at the lowest since 2012. “The open interest on puts fell to the lowest since mid-July on Sept. 21, signaling bears may be losing their stranglehold on the market.”
These data show that gold bears are finally showing signs of fatigue, if options trading is any indication.
The post Gold Outlook: Bears Showing Signs Of Fatigue appeared first on Silver For The People.
Source: http://silveristhenew.com/2015/09/25/gold-outlook-bears-showing-signs-of-fatigue/
