TwinTrader.com announces the publication of Breakout for RGLD; highlighting public companies on the move and what’s behind the surge.
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“Royal Gold Inc. is the leading precious metals royalty company. Royal Gold owns and manages royalties on principally precious metals mines - most of which contain gold and silver deposits…
“Financial turmoil is reaching another crisis stage similar to August of last year. A flight to gold during the previous crisis pushed gold up more than $200. The gold shares are anticipating another strong move in gold, taking Royal Gold with the rest of the sector…
“Gold’s seasonal trends are strong in August through March-April. Traders are anticipating this tailwind of demand during the seasonally strong period, taking the stock to the upper region of the range. A move above $34 should start a huge breakout to test the $40 level...”
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