CLICK ON CHART TO ENLARGE
The Gold Bugs index started out the year on a decade long support line and was creating a multi-year bullish falling wedge, reflected in the chart above.
At the same time this pattern was in place, I shared with members that a large “Fish mouth spread opportunity” in the mining index was at hand in the chart below.
CLICK ON CHART TO ENLARGE
A month after sharing this opportunity with Premium & Metals members, the Gold bugs index is up 16%, while the S&P 500 is flat!
One month ago the Power of the Pattern shared that a “Generational Opportunity” could be at hand in the Gold miners (see post here)
Joe Friday…The Gold bugs index is breaking above resistance of a bullish falling wedge and bouncing off a 10-year support line!
–
–
