GLDG Q1-Q2 Breakout and Macro Alignment
With the current meltup in the market due to the Trump Pump and seemingly good data all insiders know that the market is overvalued and running on fumes. This exuberance and recent turn up for risk on assets, however, has caused a pullback in gold. Add to that historical post election bull run lasting approximately 90 days, timing exactly to moment of inauguration, it stands to reason that there will be a market correction in Q1 2025, causing Gold to further spike up. Combine that with the technical profile of a gold miner like GLDG and it stands to reason that Q1-Q2 2025 GLDG will run up very quickly, likely reaching 2-3x.
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