Post by
Theckman1 on Aug 19, 2022 2:56pm
Gold may retrace
The charts are showing that Gold is retracing and may go back to the $1,720-30 area (U.S.) based upon the hollow strength of the US$. I would view any retracement as a long term buy opportunity.
The S&P now looks as if it's correcting as well, and retracing a large recent move.
Looking forward to updates from GMTN on the Q3 resource update, and results on recent infill drilling.
All the best,