Look at this amazing value play in the gold market.
Gold
April 30 (King World News) – Graddhy out of Sweden: Either that blue support line is the launch pad for the next leg up in this very strong uptrend, or it will be broken to the downside and with that probably mark that the high is in.
KING WORLD NEWS NOTE: Gold Delicately Walking Along A Tightrope (GREEN LINE) Of Support
Interesting Setup
Graddhy out of Sweden: Large gold producer Barrick Gold is a laggard at present, but it has a setup very big picture which I think shows potential here. Odds are very high that this is what we are looking at going forward.
KING WORLD NEWS NOTE: World’s 2nd Largest Gold Producer Coiling To Soar Higher After Completing Bullish Diamond Continuation Pattern!
It is a pretty decent diamond pattern I would say. And, such a large diamond pattern indicates consolidation. In other words, it is a bullish continuation diamond pattern. The energy behind this 30-year sideways pattern should drive an enormous move.
Believe It Or Not, This Is The Value Play
Graddhy out of Sweden: I’ve been sharing this and other TSX Venture charts a few times. The fact is people still cannot believe it. And at the same time the hundred post on different sideshow-narratives gets people excited and active. It is like most have forgotten that it is real value one should be looking for, and not waste time on attention-seeking posts, especially for things that are a given to happen but years from it.
KING WORLD NEWS NOTE: High-Quality Canadian Junior Mining Stocks Have Become Incredible Value Plays
This is probably because most look for instant gratification. Most have no patience, and not enough knowledge to sort out what is true value and what is not, plus most are not wise enough to seek world-class guidance.
Many will start saying they saw this coming. But they did not.
One Of Greyerz’s Greatest Interviews Ever
To listen to one of Egon von Greyerz’s greatest and most important interviews ever CLICK HERE OR ON THE IMAGE BELOW.
JUST RELEASED!
To listen to Alasdair Macleod discuss the pullback in the gold market as well as the advance in the silver and much more CLICK HERE OR ON THE IMAGE BELOW.
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