Tag: GLD
Gold Dropped Below 1280 & Appears To Be Staying There
International gold prices dropped below 1280 on April 16. We’ve been pointing at the 1285/1280 price area as important support for a long time, as history shows it is significant time and again. This is the 1-year chart of GLD, with the red line indicating the GLD equivalent of the 1280/1285 price. You can see […]
3 Gold Stocks Percolating Right Now
Time to buy gold stocks as the metal hits multi-month highs? The yellow metal has been on fire, with gold hitting multi-month highs and threatening to run to new 52-week highs should its recent momentum continue. As such, gold stocks have been on the move as well, pushing higher as its underlying product gains in […]
Has The Gold Bull Run Already Started?
Seems like every day brings an article by another analyst asking if the next gold bull run has already started. Or is about to… Your friendly Gold Enthusiast believes it has, but as with the start of all bull markets, one needs to be careful. As the old traders say, everything is timing. Put all your money in […]
