The setup is propitious for a short term low risk entry. There are a few nice looking plays.
There’s good reason to think that a 13 week cycle low is forming despite lower projections.
Gold’s pullback has come to the line in the sand. Here’s what to expect.
There’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.