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Gold Stocks Upleg Accelerates :: The Market Oracle ::


This young gold-stock upleg is accelerating, with fast-rising prices enticing in more capital.  This sector has surged sharply to multiple major upside breakouts in recent weeks, which is starting to turn skeptics into believers.  Despite their strong upside momentum being chased, gold-stock prices remain far from overbought levels warning of impending selloffs.  This mounting upleg still has great room to power way higher.
Gold miners’ earnings are highly leveraged to prevailing gold prices, which drive this sector’s upleg and correction cycles.  In early March as the last extended gold-stock correction was bottoming, I wrote an essay on gold’s momentum selloff.  It concluded with “the gold-futures selling that ignited all this is finite, and is likely nearing exhaustion.  After that, gold should rally hard.”  We were positioned for a new upleg. ....

Adam Hamilton , Zeal Research , Llc Archive , Nadeem Walayat , Trend Forecasts , Stocks Upleg Accelerates Commodities , Silver Stocks , Nowi M , Relativity Trading , Zeal Intelligence , Market Oracle , Financial Markets Analysis , பண்படாமனித இயல்பு ஹாமில்டன் , வைராக்கியம் ஆராய்ச்சி , லல்க் காப்பகம் , நதீம் வலயத் , வெள்ளி ஸ்டாக்ஸ் , இப்போது நான் மீ , வைராக்கியம் உளவுத்துறை , சந்தை ஆரக்கிள் , நிதி சந்தைகள் பகுப்பாய்வு ,