Calibre Mining Corp T.CXB

Gold stocks are breaking out

[karead]

The bottom line is gold stocks are breaking out.  After successfully weathering the summer doldrums with a minor selloff, they’ve surged dramatically in July.  Mid-week GDX was challenging its latest mid-May high, and either just achieved or soon will a decisive breakout beyond it.  That confirms this upleg is alive and well, gold stocks off to the races again.  Their upside potential remains massive despite recent upleg gains.

https://www.zealllc.com/2024/gdskbrko.htm

[tootall123]

And who was that poster here who was posting every day all day 8 days a week for the past 52 weeks that gold was going down to $1600 and that CXB is going to $0.75, I forgot its user name, what was its user name???? GOLD IS KING....

[BGraham2]

Ha! Was hesitant to call a confirmed PM breakout when looking at nearest silver and gold futures (as per recent post) as the downtrend line was broken to the upside but most recent 52 week highs not taken out. Premier gold stock ETF's though (GDX majors and GDXJ juniors) have both broken up through recent 52 week highs AND MULTI -YEAR downtrend lines. Have the PM stocks taken over upside