Is there anything new on this front that we may not know ? Not as far as I am concerned. It (Gold) is doing what the 1 Box PnF chart suggested it may, so far at least. Minor reactions (pullbacks) are normal and healthy with some quality ASX listed Gold Miners and that of the shiny metal, specially on a low volume. Some accumulation/re accumulation patterns are still in the making, we are yet to see major breakout confirming their completion. Some have broken out already as we would know.
All this said, it doesn’t mean that we should overlook the quality miners/producers of other metals. With most of these, we had signals long before Gold.
Financials deserve a good analysis over the weekend also, which I will do.
Waiting game at this stage with the Goldies for me.
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