A Sloper was kind enough to offer this post about precious metals, which I appreciate!
Today’s post will be chart-heavy and text-light. I just want to highlight all of the chart breakouts I’m seeing across the gold and silver complex. This is exactly what you want to see as confirmation that a new bull market has started. I marked up each chart and put some comments here and there. The blue circles represent price targets based on the measured move of the breakout. Enjoy
iShares Silver (NYSE:SLV)
Barrick Gold Corporation (NYSE:ABX)
Endeavour Silver Corp. (NYSE:EXK)
Harmony Gold Mining Company Limited (NYSE:HMY)
Kinross Gold Corporation (NYSE:KGC)
Newmont Mining Corporation (NYSE:NEM)
Novagold Resources Inc. (NYSE:NG)
Silver Wheaton Corp (NYSE:SLW)
Silver Standard Resources Inc (NASDAQ:SSRI)
Add a Comment
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.