LONDON, 20 May 2016 – Leading data and news providers Bloomberg today quote BullionVault's view on the current state of gold-market trading.
The agency's professional subscription service features a chart, now also posted on its website, showing how the price of bullish bets on gold now costs more than bearish bets, and has done so for the longest stretch in more than 6 years,
"This indicator has become so strongly bullish that it's going to take quite a move in sentiment on the metal to reverse it," Bloomberg quotes Adrian Ash, head of research at BullionVault.
See the chart and full story at Bloomberg here:
Gold Options Traders Remain Bullish Even After Price Dip: Chart
Source:
Bloomberg
