Gold, Metals, Mining - Bullish Flag in Gold to bearish...impressive rebound - Gold, Metals, Mining - InvestorVillage
Gold, Metals, Mining
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Msg  359 of 369  at  6/4/2020 1:42:51 PM  by

jims101


 In response to msg 358 by  jims101
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Re: Bullish Flag in Gold to bearish...impressive rebound

 Very impressive rebound today for gold and silver....Let's see if it holds through Friday. This is occurring with bond yields higher...It would seem with the stock market being a little weak the money moved back into the metals and miners....
 
gold is stronger than silver and not much behind the GDX....to say the least I am not buying into this rally.....I suspect there will be a good smash on Friday morning in the attempt to turn technicals lower... Sold out of WPM which is under performing after selling FNV early in the week....This seems to have been were the institutional money went making these royalties pretty pricey ... concentration is on SILJ....signing off with silver on its high today....


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