Now That The Gap Has Been Filled

30 août 2018

In a number of past posts I have referred to RGLD as "the accurate canary" because it leads almost every move in gold and the mining stocks. It has been tracing out a bottom, but yet to breakout and give the all clear signal that we are off to the races. Now that it has just filled the gap from last Friday mornings upward spike, I am going out on a limb and predicting the bottom is in and RGLD will start to rally and break out next week. I may be early (I often am) but watch this accurate canary closely, as to what happens next. Chartsmaster