Current POG patterns are still bullish.
Uptrend channel remains intact.
Just waiting for a break above $1360 area and then firm as support to suggest Cup and Handle will play out to at least $1500.
Shame about the goldies not following the POG!
HUI still sitting around the lows from 2016 - what's going on there?
Either gold is gonna fail or it will have to perform a strong/quick catch up down the track is my thinking. (Still waiting for that wave!) Our XMM looks out of favor too. (needs to break out as well is my thinking).
AXGD doing so much better than the HUI. Surely that should break same time as HUI (but HUI is far behind breakout to upside) so can't see the goldies performing too well yet. sigh.... waiting... Hoping for some action in May (sell in May, go away) if stocks run that road again and actually break lower for a correction.
Still holding but unsure about how to trade this dog when it moves overseas. Haven't read any media releases or rarely visited here to be honest. Not much point when you are sitting with most of your capital long and you are on the wrong side of the trade :/
BDR Price at posting:
8.9¢ Sentiment: None Disclosure: Held
