Understanding and Trading Sentiment

The battle between gold bulls and bears centers on how aggressive the Fed is expected to be regarding its rate-hike and tightening policies. Gold is bullish if the Fed signals dovish approach. Gold sentiment is bearish when there is fear that the Fed is failing at reducing inflation.

Professor Steve H. Hanke

Follow on X: @steve_hanke

Steve H. Hanke is a Professor of Applied Economics and Founder and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University in Baltimore. Including nine honorary doctorate degrees and is an honorary professor at four foreign institutions.

He is also:

  • He is ranked as the world’s third-most influential economics influencer by FocusEconomics
  • A Senior Adviser at the Renmin University of China’s International Monetary Research Institute in Beijing,
  • Special Counselor to the Center for Financial
    Stability in New York.
  • A contributing Editor at Central Banking in London
  • Was named one of the twenty-five most influential people in the world by World Trade Magazine.
  • Served as President of Toronto Trust Argentina in Buenos Aires, the world’s best-performing
Recent books by Prof. Steve H. Hanke

2025
Making Money Work: How to Rewrite the Rules of Our Financial System — New York, NY: Wiley, 2025 (with Matt Sekerke).

2024
Capital, Interest, and Waiting: Controversies, Puzzles, and New Additions to Capital Theory — Cham, Switzerland: Palgrave Macmillan, 2024 (with Leland Yeager).

2023
Did Lockdowns Work? The Verdict on COVID Restrictions — London, UK: Institute for Economic Affairs, 2023 (with Jonas Herby and Lars Jonung).

2022
Public Debt Sustainability: International Perspectives (Ed.) — Lanham, MD: Lexington Books, 2022 (with John Merrifield and Barry Paulson).

2015
Currency Boards for Developing Countries: A Handbook. 2nd ed. — San Francisco, CA: Institute for Contemporary Studies, 2015 (with Kurt Schuler).

Abe Cofnas

Co-Creator of the Sentiment Dial, Mr. Cofnas has over 25 years of experience and expertise in trading. He is a leader in currency market analysis and has delivered seminars and training throughout the world. He holds a master’s in political science from the Graduate School of Political Science, Berkeley, California as well as a master’s in public policy from the Goldman School of Public Policy at the University of California, Berkeley. He is the author of five books on trading, among them Sentiment Indicators (Bloomberg Press). He has specialized in developing sentiment analysis of market movements.

abe@thegoldsentimentreport.com

Recent books by Abe Cofnas

2018
Planet Forex: Currency Trading in the Digital Age

2015
The Forex Trading Course: A Self-Study Guide to Becoming a Successful Currency Trader Financial System — New York, NY: Wiley

2011
Trading Binary Options: Strategies and Tactics

2010
Sentiment Indicators: Renko, Price Break, Kagi, Point and Figure – What They Are and How to Use Them to Trade – Bloomberg Press

2008
The Forex Options Course: A Self-Study Guide to Trading Currency Options (Wiley Trading Book 355)