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BofA: Gold wow power leveling eu Is a massive Contrarian Buy BofA Merrill Lynch scientific analyst MacNeil Curry information today who investor emotion toward golden is at it has the lowest level given that November 2008.(Just before which will, in Oct . 2008 To amid promote chaos while in the wake on the Lehman Brothers fail - platinum tumbled 27 percentage.)The bottom section of the chart below displays the sentiment indicator (click to widen).BofA Merrill Lynch Global Investigate, CQGCurry, who is favorable on silver (BAML's technical studies team encounters gold's "longer-term upside capability into the $2100-2300 to successfully $3000 range")thinks all of the sentiment looking through is a positive sign.Within a note to help you clients, she or he writes:When Gold has had a significant success as of late, it again remains on top of the pivotal 1522/1533 17m array lows. With here the higher quality , bull style remains unharmed. Note that feeling has now come to its Least expensive LEVELS Simply because 2008. Out of your perspective of contrarian point of view analysis, a fabulous bottom and also bullish submit gold is undoubtedly close at hand.Typically the sentiment indication BAML tracks looks like consistent with the most recent CFTC data, that will revealed that monetary fund managers have got placed their very own biggest bet against precious metal since not less than June 2007. wow power leveling MORE — GOLDMAN: The Jewelry Market Selloff Is getting ready to Accelerate > BofA: Gold bullion Is A Big Contrarian Purchase