- Gold bulls are frustrated by slow and elongated setup.
- Gold bears are frustrated by sluggish downside action.
- WA, currently at 9%, remains in statistically oversold territory.
- Contrarian traders and investors are waiting for 0% readings for entry. There been only three 0% WA readings since 2006.
- Long-term investors are waiting for a 50% crossover for entry.
Chart: London PM Fixed Gold and GLD (ETF) Total Assets WA Stochastic
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