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Saturday, 09/07/2019 9:11:47 AM

Saturday, September 07, 2019 9:11:47 AM

Post# of 6472

GOAU – U.S. Global GO GOLD and Precious Metal Miners ETF


MMMGYS*Todays Spotlight Miner*
GOAU: The New Way to Invest In Metals and Mining


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The U.S. Global GO GOLD and Precious Metal Miners ETF (NYSE Arca: GOAU) provides investors access to companies engaged in the production of precious metals either through active (mining or production) or passive (owning royalties or production streams) means.
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GOAU – U.S. Global GO GOLD and Precious Metal Miners ETF

Long term monthly update of the GOAU Gold and Precious Metals Miners ETF which we’ve covered since early April. We see the monthly GOAU:QQQ ratio failing to break above a historical resistance level. Should the ratio break above that level in the future, there is significant possible upside from the measured move from the bottom of the ratio from July 2018.



Here is our chart of GOAU from June 3rd when. This turned out be near the beginning of a multi month surge for the GOAU ETF.



And here is our earliest chart of GOAU from April 8th when we identified the 15 month downtrend breakout on the GOAU vs Nasdaq 100 ratio.



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Go For Gold - Kyle Patrick (LIVE)

MMMGYS*Spotlight Miner*


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