Gold Stocks Fail to Breakout - What Now?
May 01, 2007 at 15:14 PM EDT
On April 5th, we wrote that gold stocks were on the verge of a breakout. The HUI did indeed break key resistance around 360 and charged higher to 369. Sentiment turned positive and many gold bugs began licking their lips. However, the breakout failed to confirm and the HUI has since fell [...]
