LGL and PGO are under pressure, it is time to take some profits. A rise in stock markets around the world will create pressure on POG and gold Stocks. This trend looks getting stronger, for how long no body knows but we as traders have to move with the trend and there is another chance where the sell might start again that is when POG will be strong again. More opportunities in Banks , Oil stocks, RIO or BHP
It just shows how things move or change so fast in the market, and it can change direction again too, now we have to be flexible and move with the market LGL is a bit slow, so for the time being there are other faster opportunities out there, don't get stuck and fallen in love with LGL or any other gold stocks, there are times to own them, time to sell them. Cheers.
LGL Price at posting:
$3.04 Sentiment: Sell Disclosure: Not Held
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