I picked up OGC, EQX, BTO yesterday on top of my prev positions. CXB, NGD, OGC, EQX, ELD all looking strong. BTO, K, SVM muted response; FVI might be a tradeable range play. Sold my HBM yesterday will replay when appropriate ( copper miner great for trades ).
Which way? Gold.
- Thread starter themickey
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Those charts aren't all that useful. You need to look at the March-Now 2020 and also the last 11 years chart ( to see how they responded the last bull market in metals ). For example, NGD has been a great trading stock when I started buying it around 0.70 Cdn.
OGC up 32% today on positive news ( nice instant windfall ); continued strength in NGD; CXB looks ready to make a major move up. EQX hard to read could pop if Gold move continues.
i like gold long! but long term also not aday trade i see 2200 in the works but i thought it would have already hit that by now. still long GLD from 126
Very nice jump indeed and more to come I suspect.
Last couple of days I was getting a tad concerned on gold as technicals didn't inspire me, so it was a pleasant surprise to see gold popping overnight for us downunder dwellers.
Totally agree. Next year will be the year of Gold. Buying a bunch of it tomorrow and more when MNQ drops under 12k again, then I'm loading the boat at 11k. Tech is going to lead the lemmings over the cliff.