| Followers | 1693 |
| Posts | 205363 |
| Boards Moderated | 11 |
| Alias Born | 01/02/2008 |
Wednesday, January 10, 2018 8:07:12 AM
$GOLD 11 Year Wedge
source: https://finance.yahoo.com/news/more-analysts-bullish-gold-gld-111542014.html
Gold is at an all-time low against the stock market and gold stocks are near all-time low against equities generally. The balance of risks would now appear to favor gold stocks as never before.
Here are some charts to illustrate:
Gold appears to be breaking out of a major 11-year wedge:
source: https://finance.yahoo.com/news/more-analysts-bullish-gold-gld-111542014.html
Gold is at an all-time low against the stock market and gold stocks are near all-time low against equities generally. The balance of risks would now appear to favor gold stocks as never before.
Here are some charts to illustrate:
Gold appears to be breaking out of a major 11-year wedge:
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
