For those still waiting for a pullback or those trying to trade countertrend moves at resistance the Weekly ABX Chart is Instructive . This chart says it all

UNPRECEDENTED !

abx111

UNPRECEDENTED !

This Company which was the target of so much distain by goldbugs( me too) for so many years …is still the Largest Gold miner on the Planet

It was GUTTED during the bear market…looked like it was on the way to becoming a penny stock but LOOK at what it has done lately !

As we know usually a stock will pause.. at least…and usually consolidate at resistance

Resistance does NOT apply here !

And we are now in a very thin zone !

Yikes

fireworks