Gold has broken and the gold miners have started to show buying interests.
MNRS etf is going to break out soon. Resistance level is going to be broken
probably next week. anyone who has gone shopping in the past month
will know prices are skyrocketing. Fruit and Vege are expensive and the quality of the
produce is really poor.
The only reason why...
using the line chart to reduce noise.
triangle setup is now in place.
3 times the price has tried to break resistance.
lets see how we go this time.
US miners will track US gold prices.
it made new high this week @ 2080.
in the next few months we will find out.
Quite possibly the easiest long in the market from a macro view, Miners are going to rip the next decade or so and I believe this is about as low risk as it gets. Outperform the index's get a bit of cashflow from the dividends and just enjoy the ride.
