Categories: Financial NewsMetals

Gold Stocks vs. AU$ Gold Ready To Break 16 Year Downtrend

October 11, 2023

Source: Barry Dawes  (10/9/23)

Barry Dawes of Martin Place Securities shares a quick update on the current state of gold. 

  • Gold higher
  • Gold Index higher
  • Gold stocks vs AU$ Gold ready to break 16 year downtrend

ASX Gold Stocks

Technically magnificent!

  • Backtest on downtrend line
  • Flag formation set
  • Huge volume
  • Probable Right Hand Shoulder

Lots of green today.


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And more to come throughout the week.

About to break much higher vs. AU$gold

16-year downtrend — about to be broken.

Head the markets.

 

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