Long gold miners
Updated
Seasonality will take prices to 45$ by the end of August.
Expect pullback to 41$ by September for the same reason.
US elections, COVID, and year end seasonality will take the price to 52$
Expect pullback to 41$ by September for the same reason.
US elections, COVID, and year end seasonality will take the price to 52$
Note
Miners just touched resistance and pull back. Expect consolidation for a few weeks. Maybe pull back to 38-40 area with vaccine and other positive news. Then going to 52 in the next rally after elections. Buy at every dip, this is a long term trend.
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