Gold Explorers Ready to Rally

in #money7 years ago

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 :)

expl1.png

expl2.png

Sort:  

The Tree of Life, or Etz haChayim (עץ החיים) has upvoted you with divine emanations of G-ds creation itself ex nihilo. We reveal Light by transforming our Desire to Receive for Ourselves to a Desire to Receive for Others. I am part of the Curators Guild (Sephiroth), through which Ein Sof (The Infinite) reveals Itself!

The weekly chart looks very tight.