is gold really pausing?, page-12

  1. 1,004 Posts.
    Helium, it was fairly clear from your post that you were finding the stats unrepresentative.

    And to be devils advocate - the fact that gold stocks have risen significantly recently makes a downward correction in them (short term) all the more possible.

    To reiterate - I'm bullish medium term, but anyone who is thinking it's all blue skies from here needs to respect the inherent volatility of the sector. I'm sceptical of the insta-jubiliation that we see every time gold spikes. Spikes are less than sustainable. Monthly trends are more imporant. So let's hope she respects support at around the level we're seeing presently. $880 was obviously a thin support line. Game on to respect $874/$875 now.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.