Their margins are typically much larger than explorers and producers, which allows them to thrive even during gold bear markets, which explains the drastically lower compared to the gold chart.
Now that gold looks to be poised for a major move, I think $RGLD gives us great opportunity and surely deserves a look here.
I labeled some technical signals on the quarterly and monthly timeframes. The long term trend is already up, and targets point to prices over $200 in the not so distant future.
Best of luck if investing in shares of this company.
Have a nice weekend.
Good entry here.
$RGLD is not bad here, today's move is a very good signal. Figure out the average 1 month volatility, and size your trade based on that, to risk whatever you want to risk if it goes against you as a worst case scenario.