Gold Bounce Plays

Just the charts

Breakouts or Close

Bounce

Bullish Potential

Watch for a Top

These aren’t necessarily tops, but they are potential tops or hitting resistance areas.

If you look at enough charts, there are a few patterns that repeat. Ignoring aside stocks running or breaking down to new lows.

One is the potential bull flag like BVN.

One is the potential tops like VGZ. Depending on the larger pattern these could take on a more bullish or bearish aura. USAU looks like VGZ, but has a cleaner base to work with.

There are a bunch of stocks that look like EQX but earlier or later. Big spikes from the recent gold pop that throw existing patterns into some question. Hence EQX on the list as the kind of stock that might signal the start of a broader pattern in the sector.

My top pick has not changed.