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Gold Stocks
I have been accumulating mid tiers and project generators…
They have been rising modestly
Gut feeling…Gold is stalling out here .
UUP going UUP ?
I want to remain positioned …so Putting on a hedge (HGD.TO)
If we get a breakout its easier to sell the hedge than to sell the stocks if we break down
To each his own.
Good Luck all.
good strategy to accumulate miners and prospectors here. Some of the juniors are trading above weekly 30ema.
Maybe we’ll see another backtest of the bottom rail before an attempt at the 50 dma.