{"id":33161,"date":"2016-06-05T17:47:51","date_gmt":"2016-06-06T00:47:51","guid":{"rendered":"http:\/\/drduru.com\/onetwentytwo\/?p=33161"},"modified":"2016-06-05T17:47:51","modified_gmt":"2016-06-06T00:47:51","slug":"market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/","title":{"rendered":"Market Sentiment Marks A Fresh Bottom for Gold And A Sustainable Surge"},"content":{"rendered":"<p><strong>(This is an excerpt from an article I originally published on Seeking Alpha on February 14, 2016. <a href=\"http:\/\/seekingalpha.com\/article\/3894956-market-sentiment-marks-fresh-bottom-gold\" target=\"_blank\">Click here to read the entire piece<\/a>.)<\/strong><\/p>\n<p>Google Trends continues to prove itself useful in assessing the potential for important turns in the direction of gold, specifically the SPDR Gold Shares (GLD).<\/p>\n<p>On November 29, 2015, I wrote &#8220;<a href=\"http:\/\/seekingalpha.com\/article\/3718356-bottom-yet-gold-current-decline-soon-slow\" target=\"_blank\">No Bottom Yet For Gold But Its Current Decline Should Soon Slow<\/a>.&#8221; In that piece, I used the trend in the odds for a rate hike in December to conclude that the rate of decline for GLD should slow going into the December meeting of the U.S. Federal Reserve. {snip}<\/p>\n<p><center><br \/>\n<figure id=\"attachment_33162\" aria-describedby=\"caption-attachment-33162\" style=\"width: 540px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_GLD.png\" rel=\"attachment wp-att-33162\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_GLD.png\" alt=\"SPDR Gold Shares has skyrocketed in 2016 for an impressive breakout above its 200-day moving average (DMA) and a 17% year-to-date gain.\" width=\"550\" height=\"375\" class=\"size-full wp-image-33162\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_GLD.png 550w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_GLD-300x205.png 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><figcaption id=\"caption-attachment-33162\" class=\"wp-caption-text\">SPDR Gold Shares has skyrocketed in 2016 for an impressive breakout above its 200-day moving average (DMA) and a 17% year-to-date gain.<\/figcaption><\/figure><br \/>\n<strong>Source: <a href=\"http:\/\/www.freestockcharts.com\/platform\/v1\" target=\"_blank\">FreeStockCharts.com<\/a><\/strong><br \/>\n<\/center><\/p>\n<p>{snip}<\/p>\n<p><center><br \/>\n<figure id=\"attachment_33169\" aria-describedby=\"caption-attachment-33169\" style=\"width: 510px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_GLD-weekly.png\" rel=\"attachment wp-att-33169\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_GLD-weekly.png\" alt=\"The momentum in GLD is finally starting to turn around with the first higher high since the 2011 peak.\" width=\"520\" height=\"429\" class=\"size-full wp-image-33169\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_GLD-weekly.png 520w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_GLD-weekly-300x248.png 300w\" sizes=\"auto, (max-width: 520px) 100vw, 520px\" \/><\/a><figcaption id=\"caption-attachment-33169\" class=\"wp-caption-text\">The momentum in GLD is finally starting to turn around with the first higher high since the 2011 peak.<\/figcaption><\/figure><br \/>\n<strong>Source: <a href=\"http:\/\/stockcharts.com\/h-sc\/ui?s=GLD&#038;p=W&#038;yr=5&#038;mn=0&#038;dy=0&#038;id=p79224612142\" target=\"_blank\">StockCharts.com<\/a><\/strong><br \/>\n<\/center><\/p>\n<p>My assessment in November assumed that GLD would trade lower than it did before the next tradeable bottom. However, conditions changed, and Google Trends flagged the need to change the assessment. {snip}<\/p>\n<p><center><br \/>\n<figure id=\"attachment_33164\" aria-describedby=\"caption-attachment-33164\" style=\"width: 540px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160213_GoogleTrendsBuySellGold-closeup.png\" rel=\"attachment wp-att-33164\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160213_GoogleTrendsBuySellGold-closeup.png\" alt=\"The interest in &quot;buy gold&quot; rose notably in December, right in the final full week of the month (Dec 20 to 26th). July&#039;s rise in interest was more of a true spike higher.\" width=\"550\" height=\"294\" class=\"size-full wp-image-33164\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160213_GoogleTrendsBuySellGold-closeup.png 550w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160213_GoogleTrendsBuySellGold-closeup-300x160.png 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><figcaption id=\"caption-attachment-33164\" class=\"wp-caption-text\">The interest in &#8220;buy gold&#8221; rose notably in December, right in the final full week of the month (Dec 20 to 26th). July&#8217;s rise in interest was more of a true spike higher.<\/figcaption><\/figure><\/p>\n<p><figure id=\"attachment_33163\" aria-describedby=\"caption-attachment-33163\" style=\"width: 540px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160213_GoogleTrendsBuySellGold.png\" rel=\"attachment wp-att-33163\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160213_GoogleTrendsBuySellGold.png\" alt=\"Interest in &quot;buy gold&quot; (and &quot;sell gold&quot; has reached higher heights in the past\" width=\"550\" height=\"296\" class=\"size-full wp-image-33163\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160213_GoogleTrendsBuySellGold.png 550w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160213_GoogleTrendsBuySellGold-300x161.png 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><figcaption id=\"caption-attachment-33163\" class=\"wp-caption-text\">Interest in &#8220;buy gold&#8221; (and &#8220;sell gold&#8221; has reached higher heights in the past<\/figcaption><\/figure><br \/>\n<strong>Source: <a href=\"https:\/\/google.com\/trends\/explore#q=buy%20gold%2C%20sell%20gold&#038;cmpt=q&#038;tz=Etc%2FGMT%2B8\" target=\"_blank\">Google Trends<\/a><\/strong><br \/>\n<\/center><\/p>\n<p>I continue to compare &#8220;buy gold&#8221; to &#8220;sell gold&#8221; for reference. &#8220;Sell gold&#8221; has not provided a signal since gold&#8217;s peak in 2011, so since then my projections of transitions in GLD&#8217;s price direction have completely relied on &#8220;buy gold.&#8221; Fortunately, &#8220;buy gold&#8221; has proven itself sufficient.<\/p>\n<p>Significant changes in interest rates and rate expectations have supported the tremendous rise and breakout in GLD over the past two weeks. {snip}<\/p>\n<p>Perhaps the most important change in the rate environment is the financial market&#8217;s conclusion that the Federal Reserve will put &#8220;rate normalization&#8221; on hold for this year and beyond. {snip}<\/p>\n<p><center><br \/>\n<figure id=\"attachment_33168\" aria-describedby=\"caption-attachment-33168\" style=\"width: 473px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_FedFundsFutures.png\" rel=\"attachment wp-att-33168\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_FedFundsFutures.png\" alt=\"Following two days of testimony to Congress by Fed Chair Janet Yellen, the odds for the next rate hike to fall in 2016 shot upward. However, even December only has a 33% likelihood for the next rate hike.\" width=\"483\" height=\"310\" class=\"size-full wp-image-33168\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_FedFundsFutures.png 483w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_FedFundsFutures-300x193.png 300w\" sizes=\"auto, (max-width: 483px) 100vw, 483px\" \/><\/a><figcaption id=\"caption-attachment-33168\" class=\"wp-caption-text\">Following two days of testimony to Congress by Fed Chair Janet Yellen, the odds for the next rate hike to fall in 2016 shot upward. However, even December only has a 33% likelihood for the next rate hike.<\/figcaption><\/figure><br \/>\n<strong>Source: <a href=\"http:\/\/www.cmegroup.com\/trading\/interest-rates\/countdown-to-fomc.html\" target=\"_blank\">CME Group FedWatch<\/a><\/strong><br \/>\n<\/center><\/p>\n<p>{snip}<\/p>\n<p><center><br \/>\n<figure id=\"attachment_33172\" aria-describedby=\"caption-attachment-33172\" style=\"width: 540px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_TLT.png\" rel=\"attachment wp-att-33172\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_TLT.png\" alt=\"iShares 20+ Year Treasury Bond (TLT) has taken off in 2016 like a rocket.\" width=\"550\" height=\"375\" class=\"size-full wp-image-33172\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_TLT.png 550w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_TLT-300x205.png 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><figcaption id=\"caption-attachment-33172\" class=\"wp-caption-text\">iShares 20+ Year Treasury Bond (TLT) has taken off in 2016 like a rocket.<\/figcaption><\/figure><br \/>\n<strong>Source: <a href=\"http:\/\/www.freestockcharts.com\/platform\/v1\" target=\"_blank\">FreeStockCharts.com<\/a><\/strong><br \/>\n<\/center><\/p>\n<p>These kinds of moves should not happen at the same time central banks are generally sticking to relatively optimistic projections for global growth. {snip}<\/p>\n<p>So, in the moment, debasement of paper currencies continues across the globe while looking forward financial authorities continue projecting positive growth responses from these debasements. As central banks insist on disproving the existence of a lower bound on monetary policy, the ironic impact may be to undermine confidence that sub-zero rates can rekindle the fires. {snip}<br \/>\nBe careful out there!<\/p>\n<p>Full disclosure: long GLD<\/p>\n<p><strong>(This is an excerpt from an article I originally published on Seeking Alpha on February 14, 2016. <a href=\"http:\/\/seekingalpha.com\/article\/3894956-market-sentiment-marks-fresh-bottom-gold\" target=\"_blank\">Click here to read the entire piece<\/a>.)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(This is an excerpt from an article I originally published on Seeking Alpha on February 14, 2016. Click here to read the entire piece.) Google Trends continues to prove itself useful in assessing the potential for important turns in the direction of gold, specifically the SPDR Gold Shares (GLD). On November 29, 2015, I wrote &#8230; <a title=\"Market Sentiment Marks A Fresh Bottom for Gold And A Sustainable Surge\" class=\"read-more\" href=\"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[482,199,921,58,347,62,920],"tags":[200,24,60,115,1597,280],"class_list":["post-33161","post","type-post","status-publish","format-standard","hentry","category-breakout","category-commodities","category-downtrend","category-federal-reserve","category-fixed-income","category-technical-analysis","category-uptrend","tag-gld","tag-gold","tag-interest-rate","tag-monetary-policy","tag-technical-analysis","tag-tlt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Market Sentiment Marks A Fresh Bottom for Gold And A Sustainable Surge - ONE-TWENTY TWO: Trading Financial Markets<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market Sentiment Marks A Fresh Bottom for Gold And A Sustainable Surge - ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"og:description\" content=\"(This is an excerpt from an article I originally published on Seeking Alpha on February 14, 2016. Click here to read the entire piece.) Google Trends continues to prove itself useful in assessing the potential for important turns in the direction of gold, specifically the SPDR Gold Shares (GLD). On November 29, 2015, I wrote ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/\" \/>\n<meta property=\"og:site_name\" content=\"ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"article:published_time\" content=\"2016-06-06T00:47:51+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_GLD.png\" \/>\n<meta name=\"author\" content=\"Dr. Duru\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@drduru\" \/>\n<meta name=\"twitter:site\" content=\"@drduru\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dr. Duru\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2016\\\/06\\\/05\\\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2016\\\/06\\\/05\\\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\\\/\"},\"author\":{\"name\":\"Dr. Duru\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"headline\":\"Market Sentiment Marks A Fresh Bottom for Gold And A Sustainable Surge\",\"datePublished\":\"2016-06-06T00:47:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2016\\\/06\\\/05\\\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\\\/\"},\"wordCount\":551,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2016\\\/06\\\/05\\\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2016\\\/02\\\/160212_GLD.png\",\"keywords\":[\"GLD\",\"gold\",\"interest rate\",\"monetary policy\",\"Technical Analysis\",\"TLT\"],\"articleSection\":[\"Breakout\",\"Commodities\",\"Downtrend\",\"Federal Reserve\",\"Fixed Income\",\"Technical Analysis\",\"Uptrend\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2016\\\/06\\\/05\\\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2016\\\/06\\\/05\\\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\\\/\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2016\\\/06\\\/05\\\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\\\/\",\"name\":\"Market Sentiment Marks A Fresh Bottom for Gold And A Sustainable Surge - ONE-TWENTY TWO: Trading Financial Markets\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2016\\\/06\\\/05\\\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2016\\\/06\\\/05\\\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2016\\\/02\\\/160212_GLD.png\",\"datePublished\":\"2016-06-06T00:47:51+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2016\\\/06\\\/05\\\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2016\\\/06\\\/05\\\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2016\\\/06\\\/05\\\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\\\/#primaryimage\",\"url\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2016\\\/02\\\/160212_GLD.png\",\"contentUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2016\\\/02\\\/160212_GLD.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2016\\\/06\\\/05\\\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Market Sentiment Marks A Fresh Bottom for Gold And A Sustainable Surge\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\",\"name\":\"ONE-TWENTY TWO: Trading Financial Markets\",\"description\":\"Exploring the poetry in financial markets for students of money and economy since the year 2000.\",\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\",\"name\":\"Dr. Duru\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"contentUrl\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"width\":900,\"height\":100,\"caption\":\"Dr. Duru\"},\"logo\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\"},\"sameAs\":[\"http:\\\/\\\/www.drduru.com\\\/onetwentytwo\",\"https:\\\/\\\/www.instagram.com\\\/drduru_market_breadth\\\/\",\"https:\\\/\\\/x.com\\\/drduru\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Market Sentiment Marks A Fresh Bottom for Gold And A Sustainable Surge - ONE-TWENTY TWO: Trading Financial Markets","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/","og_locale":"en_US","og_type":"article","og_title":"Market Sentiment Marks A Fresh Bottom for Gold And A Sustainable Surge - ONE-TWENTY TWO: Trading Financial Markets","og_description":"(This is an excerpt from an article I originally published on Seeking Alpha on February 14, 2016. Click here to read the entire piece.) Google Trends continues to prove itself useful in assessing the potential for important turns in the direction of gold, specifically the SPDR Gold Shares (GLD). On November 29, 2015, I wrote ... Read more","og_url":"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/","og_site_name":"ONE-TWENTY TWO: Trading Financial Markets","article_published_time":"2016-06-06T00:47:51+00:00","og_image":[{"url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_GLD.png","type":"","width":"","height":""}],"author":"Dr. Duru","twitter_card":"summary_large_image","twitter_creator":"@drduru","twitter_site":"@drduru","twitter_misc":{"Written by":"Dr. Duru","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/#article","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/"},"author":{"name":"Dr. Duru","@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"headline":"Market Sentiment Marks A Fresh Bottom for Gold And A Sustainable Surge","datePublished":"2016-06-06T00:47:51+00:00","mainEntityOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/"},"wordCount":551,"commentCount":0,"publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_GLD.png","keywords":["GLD","gold","interest rate","monetary policy","Technical Analysis","TLT"],"articleSection":["Breakout","Commodities","Downtrend","Federal Reserve","Fixed Income","Technical Analysis","Uptrend"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/","url":"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/","name":"Market Sentiment Marks A Fresh Bottom for Gold And A Sustainable Surge - ONE-TWENTY TWO: Trading Financial Markets","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#website"},"primaryImageOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/#primaryimage"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_GLD.png","datePublished":"2016-06-06T00:47:51+00:00","breadcrumb":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/#primaryimage","url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_GLD.png","contentUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2016\/02\/160212_GLD.png"},{"@type":"BreadcrumbList","@id":"https:\/\/drduru.com\/onetwentytwo\/2016\/06\/05\/market-sentiment-marks-a-fresh-bottom-for-gold-and-a-sustainable-surge\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/drduru.com\/onetwentytwo\/"},{"@type":"ListItem","position":2,"name":"Market Sentiment Marks A Fresh Bottom for Gold And A Sustainable Surge"}]},{"@type":"WebSite","@id":"https:\/\/drduru.com\/onetwentytwo\/#website","url":"https:\/\/drduru.com\/onetwentytwo\/","name":"ONE-TWENTY TWO: Trading Financial Markets","description":"Exploring the poetry in financial markets for students of money and economy since the year 2000.","publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/drduru.com\/onetwentytwo\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0","name":"Dr. Duru","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","url":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","contentUrl":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","width":900,"height":100,"caption":"Dr. Duru"},"logo":{"@id":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg"},"sameAs":["http:\/\/www.drduru.com\/onetwentytwo","https:\/\/www.instagram.com\/drduru_market_breadth\/","https:\/\/x.com\/drduru"]}]}},"_links":{"self":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/33161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/comments?post=33161"}],"version-history":[{"count":8,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/33161\/revisions"}],"predecessor-version":[{"id":34694,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/33161\/revisions\/34694"}],"wp:attachment":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/media?parent=33161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/categories?post=33161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/tags?post=33161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}