Lee AdlerThere’s evidence that gold has shifted into trending mode, so I’ve added a few more mining picks to swing.
The correction looks benign so far. The 10-12 month cycle projection has risen despite signs of top formation. I have added a couple of mining picks.
The correction has begun. Here’s what to expect.
Just one more projection remains to be reached on both gold and the index of gold mining stocks. Meanwhile, 3 of the 4 remaining mining picks hit targets or were stopped out. The list was up 32.7% with an average period of just under 6 weeks.
As projections rise, prices are rising to catch up with them as concurrent up phases grow long in the tooth. But momentum and cycle indicators remain bullish. Here are the latest projections and suggestions.
Gold has met most of the targets we had, but there are still a few left for the short run. Meanwhile, we’re swinging higher with our mining picks.
Gold has broken through minor resistance and seems headed for its 13 week cycle projection before this move is exhausted. I’ve added a new mining pick to our list.
Gold has broken through resistance at 1800, driving the 13 week cycle projection upward.
There are 5 mining picks on our chart list while digging gold patiently.
Gold has edged above resistance this morning. Is it a breakout, and if so, what does it mean? This report has answers and a few mining picks to dig.
