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Summer is Breaking Out and so is Gold, Weekly Wrap Up


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Summer is Breaking Out€”and so is Gold - Weekly Wrap-Up (June 21, 2019)

Today marks the summer solstice: the official first day of summer and the longest day of the year. And as gold continues its breakout, it could be a long day indeed for bankers.

On this edition of the Wrap-Up, Eric Sprott gives you all the gold and silver news you need, including:

Why top of range targets arent as crazy as they might seem

How the breakout will affect the mining shares

Plus: Why the U.S. price will catch up fast

I love going back to the call we had three weeks ago, when I said Id read an article that I really believed in that suggested gold would have a rally for 5-7 weeks Weve had three of them now! This rally started at $1275. Were at $1400. That gentleman, Chris Vermeulen, and Ive got to give him credit for being prescient The first target was $1450, but he actually thought it was going to go to $1650. And I want the listeners to think about that: $1650! What would happen?

If you would like to see more of Chris, visitwww.thetechnicaltraders.com.

Chris Vermeulen
Founder of Technical Traders Ltd.



Recent articles from this author



About the author


Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic

 

Through years of research, trading and helping individual traders around the world. He learned that many traders have great trading ideas, but they lack one thing, they struggle to execute trades in a systematic way for consistent results. Chris helps educate traders with a three-hour video course that can change their trading results for the better and shares is stock and ETF trades through his Wealth Building Newsletter.


He is a regular speaker on HoweStreet, FinancialSurvivorNetwork, and the ProvenAndProbable shows. Chris also contributes market insight to several financial hubs like Barchart.com

 

Contributing author since 05/08/2018 

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