RE: Should You Sell Gold Stocks Now Or Buy Them?

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Should You Sell Gold Stocks Now Or Buy Them?

in money •  8 years ago 

Hello !!! Nobody can tell you if you should sell or buy.
There is still no indication that gold is breaking out gold may still drop beneath the $1,000 level. We still face the potential of a major $ rally.
Macron being elected sealed the fate of Europe, so there will be no reform. Wind will blow over the continental banking system. Gold could drop lower because of that. The lower gold drops the better, this pull back will give the energy needed for a huge breakout to the upside. This would start a major bull run the one that some of us are waiting for.
However if gold closes below 1,206 (NY Gold Nearest futurs) for the month of may it signals a serious drop ahead.

All the best !

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Thanks for the info John!