Time to look at the ugly sector of gold stocks. Many folks are short gold and silver stocks and like all trends they do end and snap back very quickly. This chart shows odds are in favor of the bulls.
Metal stocks need the metal (gold and silver) to rise as well. We at readtheticker.com recommend Wyckoff logic for price and volume action review before trade entry. One to watch.
(NOTE: This chart was posted to members 2 weeks before public blog)
Investing Quotes...
"I have yet to find a man, in or out of Wall Street, who is able to make money in (markets) continuously or uninterruptedly. Like anyone else, I have good and bad periods." ~ Richard D Wyckoff
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong" ~ George Soros
