Re: Gold, Silver & Other Precious Metals 17 (May 19 - Dec 24
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These Stocks Are Overbought Right Now
by Sean Michael Cummings
Source: Daily Wealth
https://dailytradealert.com/2024/06/18/ ... right-now/
by Sean Michael Cummings
Gold prices have risen 12% year to date. And mining stocks have stormed higher, too. The gold-mining sector has soared about 21% since March.
We expect this huge gold rally to continue from here. But at least in the short term, trouble is on the horizon for mining businesses…
We should see future gains for mining companies as the gold rally continues. But if you’ve been debating buying into the boom, you might want to wait a bit longer before joining in…
And if you are invested in miners, keep an eye on your position, and expect some volatility ahead.
Source: Daily Wealth
https://dailytradealert.com/2024/06/18/ ... right-now/