Junior Gold Miners compared to the price of gold.
Fundamentally Gold should be trending higher. Or maybe a better way of saying it is fiat is trending lower compared to Gold due to its misuse. NEVER underestimate how much gold can move when real fear kicks in. This chart says there is a bit more downside left in the juniors before it bottoms out. In my opinion, nibbling now and backing up the truck when we test the ark in a few months would be the best choice.
Many see the gold bull market lasting until 2028-2030. This arc just so happens to paint a picture of the juniors miners out performing gold until just such a time. Just one more piece of evidence for the pile. also it is a great leveraged trade on gold itself!
Many see the gold bull market lasting until 2028-2030. This arc just so happens to paint a picture of the juniors miners out performing gold until just such a time. Just one more piece of evidence for the pile. also it is a great leveraged trade on gold itself!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.