ASX 0.44% $84.56 asx limited

gold correction over .. load up

  1. 354 Posts.
    Looks like the correction in gold stocks is over and one can expect much higher prices from now. Action in US gold stocks was amazing last night. The bellweather NEWMONT (NEM) was unstoppable and broke a 3 month downtrend as did the HUI index. Tomorrow's action should confirm my claim but I am going out on a limb that we are in the next leg of this gold bull market. I also think that stocks in general have finished correcting and should also head up NASDAQ should clear 2000 tomorrow or Monday the latest.
    Good trading
 
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Last trade - 16.10pm 25/09/2020 (20 minute delay) ?
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