Sprott gold ETF PHYS had a pocket pivot through its 50-dma, 20-dema, and 10-dma. We mentioned this in prior reports and in last Friday's webinar as a potential undercut & rally which it achieved on Monday. Given the near limitless levels of QE, gold is one of the big beneficiaries so buying on constructive weakness has been advised.
Pocket Pivot Review - PHYS 6-10-20
|Published:||10 Jun 2020 17:36 ET|
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