Dear Steemit friends,
Have a look at these two charts: daily and weekly gold explorers ETF. Looks like the explorers are getting ready for a nice rally.
With gold being in a bear market for several years since 2011, it is only natural that nobody was ready to spend a lot of capital on exploration for more gold reserves. Now, that the gold price is recovering, a lot of capital will flow into exploration.
Upvote & follwo :)
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The weekly chart looks very tight.