Q: What are the technical charts telling about Gold and Precious Metals?
Do you think, the Gold prices and sector pull back/consolidation has run its course and Gold miners are showing signs of support for its way higher ?
If one had a 3.5% weight, would you add at current levels to bring it up to a 5% position in AEM/XGD ?
Thank You
Do you think, the Gold prices and sector pull back/consolidation has run its course and Gold miners are showing signs of support for its way higher ?
If one had a 3.5% weight, would you add at current levels to bring it up to a 5% position in AEM/XGD ?
Thank You
5i Research Answer:
Gold should have good support at $3,900. Silver at $58. Silver seems to be in a tight inventory...