Junior Gold Stocks Update
As subscribers know, twice per month I update the junior gold sector (also the junior silver stocks). I have proprietary indices and I cover the stocks in these updates. Also once per month I update the companies in terms of fundamentals and news announcements.
Monday’s update, GSL #28.1 looked at the JR Gold sector. Our index consists of 20 stocks which are equally weighted. Most of these companies range in market capitalization from $100 million to $700 million.
Below is the daily chart along with volume at the bottom.
We also use our own accumulation/distribution indicator which is smoothed out with a 20-day MA (in black).
In our update we discuss where the short-term prognosis for the juniors as well as which of the juniors look intriguing, technically over the rest of the year.
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