Loading ...XGD.TO – Canadian Senior Gold Miners ETF
From my files an old chart, monthly time frame:
Today’s close – 2 Hour Chart suggests XGD is ready to advance to a new high. Inverted SHS micro bottom breakout.
No guarantees, of course, but the probabilities favour sunny days ahead for buyers of senior gold miners.
Long term chart suggests at least a 3 bagger from here.
Sneaky …great Chart HR
Very Nice ! Many miners looking bullish impulsive now
In response to ongoing debates surrounding open-pit mining, Aboitiz says that open-pit mining is not being addressed in existing legislation, so any proposals to regulate or prohibit this method will not move forward at this stage. This clarification offers some certainty to mining companies operating in Mexico, as the lack of clear legal guidelines had previously created uncertainty in the industry.
https://mexicobusiness.news/mining/news/new-regulatory-framework-set-boost-mexicos-mining-industry