Gold to open up 8% - But Then What ?
This post replies to my prior post: Clocks Ticking on Gold Backed Currency "Reset" ?
Before gold rockets to 28,000 an ounce... if it ever does... it would be a great idea to be locked into it with ownership in a gold royalty fund. A caveat... I don't know ELYGF at all, just found it... otherwise I've arranged them here based on my estimate of "the best value" first, then sorted them by looking at chart potentials:
Sand's MACD turning up, below the 50MA in a "hammer" with the upper bollie 24% above price of $6.32
Osisko Royalty MACD bottoming, below 50MA, a "hammer" with upper bollie 28% above price of $8.65
Ely gold Royalties a bit uncertain, the MACD weak, above 50MA at the lower bollie, the upper bollie flat at 27% above the $0.58 price which is center band.
Metalla Royalty MACD bottoming, below 50MA, bollies point down, in a "hammer" with the upper bollie 26% above the $5.28 price.
Wheaton Precious Metals MACD down, near 50MA mid bollie, a pincher, at $30.52 is 10% to bollie
Royal Gold solidly in a downtrend, below 50 and 200MA cross, pinching, 9% below the 200MA
Franco-Nevada MACD crossing up, above 50/200MA, at the upper bollie in uptrend, 2.5% below the high.
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