me-metals: The gold miners’ stocks just achieved a rare secular breakout. This huge technical milestone fueled by record gold levels reflects sector sentiment growing more bullish. That is pushing gold stocks closer to the crucial psychological tipping point where more-mainstream traders increasingly chase their strong gains. Multi-year highs generate broader interest, attracting more capital inflows accelerating gold-stock upside.
News ID: 11414 Publish Date : 2024/10/28
The gold miners’ stocks are still marching, grinding higher on balance in a solid upleg. While interest in this sector has faded since late February, it is nicely set up for a strong rally. After consolidating high and establishing a sturdy base, the gold miners are likely to soon report greatly-improved first-quarter results. Couple that with gold itself powering higher, and the slumbering gold stocks should surge substantially.
News ID: 4260 Publish Date : 2019/04/08
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