Gold Stocks Remain in Downtrend but Uranium Stocks on the Cusp of New Bull Market

Source: Jordan Roy Byrne Published on Wednesday, September 19 2018
Related articles and keywords:   Uranium - Gold Stock - Gold - Gold Stocks - Market - Bull - Stocks - Stock - End
Gold stocks failed to breakout in the spring and then brokedown to multi-year lows by September. As autumn beckons, the precious metals sector at large is very oversold and could be starting a rebound. However, the fundamentals are not yet in place for a new bull market. They will be when the Fed moves to the end of this rate hike cycle. Although gold stocks and most commodity stocks are mired in downtrends, that isn’t the case for uranium stocks which appear to be on the cusp of a new bull mark
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