The Most Bullish Setup For Gold Since At Least 2020
We are being presented with the most bullish setup for gold in several years, meanwhile, gold miners are having a 52-week high party
In this week's video I lay out why I believe we are currently facing the most bullish setup for gold since at least 2020. I also highlight the extreme technical overbought and narrowing breadth condition of the US equities market. However, I also discuss why I don't view QQQ/SPY as being a strong sell....yet. We conclude the video by delving into a number of junior mining stocks and recent company news releases.
Disclosure: Author owns shares of some companies mentioned including AE.V AU.V BIG.V INTR.V RAMP.V and VGCX.TO, author may choose to buy or sell shares at any time without notice. Aurion Resources is a sponsor of Goldfinger Capital.
DISCLAIMER: The work included in this video is based on current events, technical charts, company news releases, corporate presentations and the author’s opinions. It may contain errors, and you shouldn’t make any investment decision based solely on what you read here. This publication contains forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. This video is provided for informational and entertainment purposes only and is not a recommendation to buy or sell any security. Always thoroughly do your own due diligence and talk to a licensed investment adviser prior to making any investment decisions. Junior resource companies can easily lose 100% of their value so read company profiles on www.SEDAR.com for important risk disclosures. It’s your money and your responsibility.