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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (70998)12/4/2019 7:51:46 PM
From: Goose94Read Replies (1) of 203329
 
SPDR® Gold Shares (GLD-NY) top pick from Jon Vialoux on BNN.ca Market Call 2nite Wednesday Dec 4th @ 1800ET

While December may be the strongest month of the year for equity markets, metals have still found a place in investor portfolios. Between an average low of Dec. 15 and an average peak of Feb. 24, the precious metal has gain 6.12 per cent on average over the past 20 years and positive results have been realized in 15 of the past 20 periods. Following the breakout from a massive basing pattern in the summer, precious metals have consolidated their gains in recent months and are well-positioned for the next leg higher. The basing pattern projects a target for gold towards $1,700.
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