Based on one historical template, the trend for gold stocks is “table-pounding bullish”, notes today’s article. That historical template? The recovery from a “mega bear market”, which the author describes this way: “Following the bear market low, a sharp rally begins that lasts only six to twelve months. Then the market endures a significant correction that lasts a minimum of 18 months and ends with a breakdown to new lows (which ends up being a false move). Then the major wave higher begins.” What are some past examples of this template playing out – and what does it indicate about gold stocks in the near-term? CLICK HERE.
The Historical Template That Is “Table-Pounding Bullish” For Gold Stocks
- by Bob Mitchell