Sabre Gold Mines Corp (SGLDF)

[goldenpolarbear]

Wall St, Main St. Look For Gold Prices To Recover From Sell-Off

“...The gold market also roughly formed a double top, he added. The August futures peaked at $1,442.90 an ounce on June 25, then nearly matched that again at $1,441 on Wednesday.

Adrian Day, chairman and chief executive officer of Adrian Day Asset Management, looks for gold to be roughly unchanged next week, although he is bullish further out.

“If certain factors driving gold higher are reversed -- if for example, indications grow that the Fed won't raise rates next month -- gold could consolidate, which would be overdue,” Day said.

Afshin Nabavi, head of trading with MKS, said “it’s a bit hard to tell” what to expect from a suddenly choppy gold market, commenting that the market is in a short-term range of $1,380 to $1,440 an ounce.

“[ Fed Chair Jerome ] Powell testifies in front of Congress next week, where we may get a better clue on the thinking going into the July [Fed] meeting,” Nabavi said.


https://www.kitco.com/news/2019-07-05/Wall-St-Main-St-Look-For-Gold-Prices-To-Recover-From-Sell-Off.html

SPROTT’s support is PIVOTAL for KERR MINES and the next few months will decide the fate of ....

https://www.sprottmoney.com

https://kerrmines.com/

https://www.streetwisereports.com/article/2019/06/08/drill-results-upgrade-expand-resources-at-arizona-gold-project.html

https://www.fahadaltamimigroup.com/

http://www.fahadaltamimi.com/business/
Read more at https://stockhouse.com/companies/bullboard/t.ker/kerr-mines-inc?postid=29890154#houTWiBik6gAiBOr.99