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Seeking Alpha
@SeekingAlpha
A global leader in crowdsourced U.S. investment research, powered by one of the largest and most vibrant investor communities.
参加 March 2009
244 フォロー中    347.3K ファン
Gold's prolonged slump is showing signs of exhaustion, with trendlines flattening into a potential upside reversal pattern. $GLD $GDX After pulling back from its late August peak near $4,700, front-month Comex gold fell to ~$4,028. Gold technicals: 50-day average = $4,300 Relative strength index = 39.67, indicating selling fatigue Fibonacci retracement level = $3,900 The Federal Reserve kept interest rates unchanged on Wednesday while acknowledging resilient economic activity despite persistent inflation. Seeking Alpha's top-rated gold miner is Barrick ($B), supported by strong valuation and revenue growth metrics. Seeking Alpha Quant Rating for Barrick Gold: Buy. Does the next trendline test decide gold's multi-month trajectory?
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