GREY:VGMNF - Post Discussion
Post by
TheSiteOnGold on Jan 22, 2014 2:20am
Ohh Ohhh.... Gold Price
I highly suggest you look at this daily and weekly Gold chart to see what Im talking about..
The gold miners have run up...to levels near where resistence is typical...not only would it be best for them to rest and consolidate... but so would gold itself as it has not moved in relation.Whether the miners are anticipating a gold move or only reacting in a normal bear bounce..time will tell soon.
Gold needs to hold this current support level or the next leg could suprise the gold bulls and gold could be smashed down..Gold needs to move and close this week up...badly..Caution.. Have an exit plan because pressing the buy button for most is too easily done when hope and greed kick in..
This Weeks Weekly Gold Chart Read more at https://www.stockhouse.com/companies/bullboard/t.fnv/franco-nevada-corp#oQ3jR2h0xvJqCrxh.99
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