Long undervalued Aussie gold stocks seem reluctant to partake in any sharp pullback from their latest bull run.
As of 6/27/19 the XGD S&P index have not even performed a 23.6% retracement. Leading precious metal stocks were holding values on Thursday, with spurts to the upside.
North American stocks on the XAU, HUI and TSX all finished negative, but percentages were small.
Contrast the massive 25.14 gain on the Johannesburg JSE Gold index.
This is looking more like a new gold bull by the day.
As of 6/27/19 the XGD S&P index have not even performed a 23.6% retracement. Leading precious metal stocks were holding values on Thursday, with spurts to the upside.
North American stocks on the XAU, HUI and TSX all finished negative, but percentages were small.
Contrast the massive 25.14 gain on the Johannesburg JSE Gold index.
This is looking more like a new gold bull by the day.