Gold Stocks Break Out from Long-Term Declining Trend

FSAGX

We reported on August 31 that gold stocks are on the verge of reversing their long-term downtrend. The Fidelity Select Gold Fund (FSAGX, last change: 2.94%) has moved above the trendline in the last few days and is well positioned to enter a new bull market in the next few weeks.

 

Technical analysis screens are provided by FidelitySignal.com 

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