13-17 week cycles should be entering a corrective phase ideally due to last into late August-September. Most of our mining stops hit trailing stops, but one remained and I dipped another toe in the water just in case. The list had an average gain of 19% with an average holding period of 31 days on a cash basis, no margin employed.
This report covers the short to long term technical outlook for gold, and for gold mining stocks, along with recommended trading strategy.
