2019 could be a great year for gold
https://investinghaven.com/commodities-gold/gold-price-forecast-2019/
Gold stocks in 2019: a once-in-a-decade buy opportunity
That said, we believe that gold stocks are near a once-in-a-decade buy opportunity. Look at the gold miners index, monthly chart. It shows how peak to trough gold stocks have corrected 79% since their pea in 2012. This clearly is a buy area. The time gold stocks will trade near their secular support is unknown, it may vary from a couple of weeks till a couple of months, depending on how fast the gold price moves back above $1300. But, one thing is clear, if gold surges above $1300, and, ultimately, above $1375, we will see wild moves higher in 2019 in the oversold gold stocks market. Stay tuned, as we will publish our gold stocks forecast for 2019 anytime soon.
A perfect storm is brewing
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Last
1.9¢ |
Change
0.001(2.78%) |
Mkt cap ! $15.93M |
Open | High | Low | Value | Volume |
1.8¢ | 1.9¢ | 1.8¢ | $201 | 11.00K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 576242 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 378333 | 0.060 |
2 | 59000 | 0.059 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 182288 | 1 |
0.063 | 16847 | 1 |
0.065 | 25793 | 2 |
0.067 | 70000 | 1 |
0.070 | 5500 | 1 |
Last trade - 13.58pm 22/11/2024 (20 minute delay) ? |
NAG (ASX) Chart |