$1,700 is a strong support level for gold and 130
Post# of 1088
(Total Views: 592)
Posted On: 03/05/2021 2:17:02 PM
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$1,700 is a strong support level for gold and 130 is a strong support for XAU Mining Index. Watch gold price surging $400 in the next 5 months for a 22% gain as news of rising inflation is out, greedy short sellers in gold future try to push gold price down as low as possible to maximize future gain on the upside. Based on the expectation of rising inflation, price below these support levels is in an oversold territory.
Gold price weekly
https://stockcharts.com/h-sc/ui?s=%24GOLD&...9325303251
XAU Mining Index weekly
https://stockcharts.com/h-sc/ui?s=%24XAU&...0985509425
Emotional short term mining stock traders follow the movement of gold price closely. 3-week technical correction is underway, one man's trash is another man's treasure here
https://stockcharts.com/h-sc/ui?s=ABN.V&p...1053329562
ABN.V Bid, Ask, Last 10 trades
http://www.stockwatch.com/Quote/Detail.aspx?s...p;region=C
Financial Filing and official news
https://sedar.com/DisplayCompanyDocuments.do?...o=00005652
News of this year's drilling program in the top priority drilling sites should be out in or before June
T minus 4 weeks ........................
https://investorshangout.com/images/MYImages/...04_ABN.jpg
News flash back
https://sedar.com/GetFile.do?lang=EN&docC...Id=4328933
https://sedar.com/GetFile.do?lang=EN&docC...Id=4343523
https://sedar.com/GetFile.do?lang=EN&docC...Id=4366630
Inflation forecast - spiking in Q2 of this year
https://data.oecd.org/price/inflation-forecast.htm
Gold price weekly
https://stockcharts.com/h-sc/ui?s=%24GOLD&...9325303251
XAU Mining Index weekly
https://stockcharts.com/h-sc/ui?s=%24XAU&...0985509425
Emotional short term mining stock traders follow the movement of gold price closely. 3-week technical correction is underway, one man's trash is another man's treasure here
https://stockcharts.com/h-sc/ui?s=ABN.V&p...1053329562
ABN.V Bid, Ask, Last 10 trades
http://www.stockwatch.com/Quote/Detail.aspx?s...p;region=C
Financial Filing and official news
https://sedar.com/DisplayCompanyDocuments.do?...o=00005652
News of this year's drilling program in the top priority drilling sites should be out in or before June
T minus 4 weeks ........................
https://investorshangout.com/images/MYImages/...04_ABN.jpg
News flash back
https://sedar.com/GetFile.do?lang=EN&docC...Id=4328933
https://sedar.com/GetFile.do?lang=EN&docC...Id=4343523
https://sedar.com/GetFile.do?lang=EN&docC...Id=4366630
Inflation forecast - spiking in Q2 of this year
https://data.oecd.org/price/inflation-forecast.htm
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