jaxdog

$PHYS "Gold" 20 year Cup with Handle?

Long
AMEX:PHYS   Sprott Physical Gold Trust ETV
Looks like Gold is trying to breakout of a Cup with Handle formation. Only time will tell. $PHYS seems to follow real gold better than $GLD. As you can see on the chart I am long small sized position. I'm looking for this to break-out in the coming days/weeks and if it does, I plan on adding. All TBD. Ideas, not investing / trading advice.

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