The Smartest Investors Club
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Smartest Investors Club

Investing

Omar Ayales: Gold, Silver, Juniors Have Explosive Upside — Not Being in Trade is Top Risk

by December 11, 2024
December 11, 2024
Omar Ayales: Gold, Silver, Juniors Have Explosive Upside — Not Being in Trade is Top Risk

Gold’s past performance indicates that it could reach US$4,000 per ounce during this cycle. He sees US$2,600 as a bullish support level for gold, with deeper support existing in the US$2,200 to US$2,300 range.

However, Ayales said there’s no guarantee that the yellow metal will fall that low at this point.

‘I think that we’re going to see higher highs — I think the risk of not being in the move as it reaches a high is a lot more than the risk to the downside that you could experience at this moment,’ he explained.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Proposed Capital Raising
next post
Vandals attack Jewish area in Sydney in latest antisemitic attack

You may also like

Top 9 Lithium-producing Countries (Updated 2024)

5 Top Weekly TSX Stocks: Arizona Metals Takes...

Forum Intersects 2.25% U3O8 over 11.1 Metres on...

Successful Completion of Placement to Accelerate Clinical Programs

Wide Zones of Mineralisation Results Returned from Lord...

Azincourt Energy Completes East Preston Winter Drill Program,...

2024 US Capital Gains Tax Guide for Gold...

Syntheia

Sona Nanotech Provides Interim Results of Dalhousie Efficacy...

Steppe Gold Announces Mailing and Filing of Annual...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • China snubs Asia’s largest defense forum as tensions with US simmer

    • Teen’s death sparks calls to ban viral head-on tackle game inspired by American football’s biggest hits

    • Cardiex Completes Placement & Launches Entitlement Offer

    • CDX May Investor Presentation

    • President Trump teases ‘last day, but not really’ for Elon Musk at DOGE: Oval Office presser set for Friday

    Categories

    • Business (1,671)
    • Investing (4,987)
    • Politics (7,825)
    • World (6,333)
    • Terms & Conditions
    • Privacy Policy
    • About us

    Disclaimer: thesmartestinvestorsclub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 thesmartestinvestorsclub.com | All Rights Reserved


    Back To Top