MarcoOlevano

#RGLD Royal Gold looking pretty Royal.

Long
NASDAQ:RGLD   Royal Gold, Inc.
Royal Gold has bounced off strong long term support at the $88 level. In addition we have broken the downtrend line (DT) which has held price down since June, as well as breaking above the horizontal resistance level at 95.70. Some very important technical levels broken and respected here and I would hope to see this move to the resistance area just under the 200 day moving average at $110 in the weeks ahead.


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