Avino - Downtrend
Updated
It seems like ASM has been in a downtrend since late July. The good news is that ASM seems to be stabilizing with sideways trading. If we continue to trade sideways, we will break the downtrend and enter a new bullrun. Facts:
- Elections are always bullish for gold and mining stocks.
- Rate Cuts are bullish for precious metals.
- Quantitative Easing is bullish for precious metals.
Trade active
ASM broke out of the downtrend line. Get ready for gold mining stocks to take offDisclaimer
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