Candles254

Accumulating Gold miners

Long
BATS:NEM   Newmont Corporation
Despite the bull run in Gold prices Year-to-date, we have not seen it being reflected in Gold Miner's stock prices. As Gold prices attempt to break above the $2,000 resistance, Gold miners' stock prices have been falling in the same period (YTD) and this provides us with a discounted entry into gold miners' stocks.

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