3 Stocks To Consider For The Gold Rally

Benzinga2021-05-21

Inflation is rising, which means the price of gold is going up as well. As the value of gold increases, the value of gold companies increases, too. This could lead to a rise in their share prices.

Some of the stocks in the gold industry have rallied, but have stalled at resistance.

If these stocks can break their resistance levels, big moves higher could follow. These stocks include Barrick Gold Corporation (NYSE:GOLD),Eldorado Gold Corporation (NYSE:EGO) and U.S. Gold Corp. (NASDAQ:USAU).

Barrick is testing resistance at $24.75. This level was also resistance in January.

Eldorado Gold has hit resistance at $11.80. Shares also hit resistance there a month ago.

U.S. Gold Corp has also hit resistance at the $11.80 level. This level was resistance in March, too.

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

th0mastan
2021-05-23
th0mastan
$Gold Fields(GFI)$normally gold mining would outperform gold etf of index during a goldbull run
- Enghui:
  👍👍👍
Bull1973
2021-05-22
Bull1973
Who likes Gold? Fall in here! Pls Like my comment! My First time posting! 🙏
EstherTurtle
2021-05-21
EstherTurtle
Will gold keep gg up
am56
2021-05-21
am56
Sell bitcoin buy gold.
boonk
2021-05-21
boonk
Good
- Excelsheet:
  Good
AH8398
2021-05-21
AH8398
pls comment and like
- AH8398:
  pls comment and like
- Dollarvan:
  Same pls

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Fall in here! Pls Like my&nbsp;comment! My&nbsp;First time posting! 🙏","listText":"Who likes Gold? Fall in here! Pls Like my&nbsp;comment! My&nbsp;First time posting! 🙏","text":"Who likes Gold? Fall in here! Pls Like my comment! 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