In this episode, Dennis Leontyev joins Andy to discuss current gold market trends, focusing on technical analysis and chart patterns. They delve into the significance of the quadruple top and bullish triangle patterns observed in the GLD chart. The conversation covers the importance of oscillators, implied volatility, and classic technical indicators like RSIs and MACDs in predicting potential breakouts. Dennis provides detailed strategies for trading gold, including specific call options and the ideal time frames for entering positions. They also touch on portfolio management strategies and the long-term outlook for gold and gold mining stocks, highlighting the potential for GDXJ to outperform gold in the future.
Follow us at: https://naturalresourcestocks.net/ Apple Podcasts: https://podcasts.apple.com/us/podcast/natural-resource-stocks/id1689449174 Spotify: https://open.spotify.com/show/0BJGmP8oztWBdsquqeELLh Follow us on X https://x.com/theandymillette