Short-Term Bullish Signal In Gold Stocks

Bullion, Gold, Bar, Gold Bar, Currency, Wealth, Finance

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The advance-decline line as of the start of the week was showing a positive divergence. There was a similar positive divergence in the advance-decline line at the October 2022 and March 2023 lows in gold stocks.

The Gold/Silver ratio has had a little breakdown below a rising trendline. Silver could test $26 if it surpasses resistance at $24.50 while Gold should test stiff weekly resistance at $1985 to $2000.

Video Length: 00:08:03


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