MAKE MONEY - XAU Indicating Significant Low For Gold Stocks

The XAU index is currently returning to converging cycles. Our analysis is now indicating a significant retest of recent lows at 78.00 is rapidly approaching. Should the XAU index not maintain a daily close above 85.62, it will signal a potential drop to the 76.00-78.00 level by early to mid June.
We will continue to monitor this analysis, however it should be noted that in the case of such declines, minuscule investments in ETFs relative to the XAU can result in large percentage gains (+10%) in a matter of only a few days.

Disclaimer Through our analysis, we are not providing financial recommendations to buy, hold or sell stocks, commodities or other assets (whether tangible or intangible) of any nominal or notional value. We simply aim to educate the populous.

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