Not much new to report on the metals except that they bounced as expected and it appears this short term bottom will hold. If one wanted to take a position at these levels there are some very clear stop loss areas enabling you too keep losses small.
Gold, silver, and palladium stocks were very strong yesterday and I managed to take some money out of the market in this sector and I’ll be watching these sectors next week for continued strength.
Focus on the strongest stocks in these sectors for the best gains.
Gold – AUY AU KGC AEM Silver – PAAS Palladium – PAL HL