Explosive Setup in Gold and Gold Shares
CIGA Eric
Gold, following historical precedence, is leading. Gold led the gold shares until 2010 breakout. The gold shares, despite the constant wall of worry, have played an impressive game of catch since 2009.
Gold is currently probing the upper trading channel (green circle). This is an explosive setup for both gold and gold shares. Yet, most investors ‘see’ only fear in the dips and doubt in the rallies. This suggests that recognition is still very early.
Gold and Gold Stocks Side by Side Comparison: 
