As far as interest rates go, I don't think they will come down to the point where there is a bullish sentiment for gold.
Still, some bullish sentiment continues to surround the dollar.
At the end of last year, however, with bullish sentiment rising, the manager decided to increase borrowing, to near its current level of 11.6 percent.
But I don't think the bullish sentiment is over with.
Its opposite is a bull market, and bullish sentiment from bulls.
Also, bullish sentiment in 1991 has already given the market a high valuation.
"There is a lot of cash out there and a very bullish sentiment."
And my intuition is that the markets acted as if there remains a bullish sentiment.
But traders said the bullish sentiment surrounding the dollar remained intact.
This leaves more potential sellers than buyers, despite the bullish sentiment.