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Are Gold mining stocks going......

to follow through tomorrow. some of them are hitting up against the slower ema line. gold and silver are meeting some resistance
at todays high. Does any one have an indicator that points to breaking through this tomorrow. On an hourly chart gold has made a double top
but it gapped up, looks like two opposing forces struggling right here, classic bull/bear fight. On the 15 min I can even see the dust flying, who turns tail?
NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac

Comments

  • ProofCollectionProofCollection Posts: 6,246 ✭✭✭✭✭
    If gold can definitively break $910, then come back down and bounce off of $910 from above, it's time to laod up as we'll likely see $1000 soon.

    Looks like gold mine stocks did well today. My favorite is Yamana (AUY), and it will likely double over the next year sometime. (it is down 50%) from it's peak when gold was ~$1000.

  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Yamana was down a lot more that 50% from the March peak. I think it hit around $19 and has since fallen to $7. Close to 2/3!

    The miners will return, but more a matter of when. This is one gold play the shorts and PPT can manipulate to the hilt.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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