Gold Stock Fortunes Update - Gold, Round Numbers and Consolidation
We have not seen much evidence of big round numbers meaning much to gold investors.
Several big numbers have been approached and exceeded over the last several months. $3000, £2000 and £2500, AUD$4500 and AUD $5000, CNY20,000 and 25000 have all be tested and exceeded.
On Tuesday the price of gold in US Dollars briefly hit $3500 and €3000. This time it has…