Top Ways to Trade Gold’s Massive Rally

It could still see $2,500, even $3,000 this year It could still see $2,500, even $3,000 this year                                                                                                      [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here.  Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, On Sunday, April 14, we noted, “Gold just hit $2,412 and could test $2,500 near term. All as safe haven demand explodes higher on Middle East concerns and economic concerns in China." Today, while gold did pull back from $2,412, it could still see $2,500, even $3,000 this year. That’s according to David Rosenberg, the founder and president of Rosenberg Research, as noted by MarketWatch.com. In addition, according to Citi analysts, gold could reach that level in the next six to 18 months thanks to investor inflows and hopes the Federal Reserve will cut interest rates. Plus, global central banks, most notably, China are aggressively buying gold. In addition, after dropping from about $2,433 to $2,338.40, gold appears to have caught strong support and could pivot higher – especially with growing fear in the market and economy. That being said, we’re still bullish on the gold ideas we shared on April 14, as well. That includes Newmont (SYM: NEM), Barrick Gold (SYM: GOLD), the VanEck Vectors Gold Miners ETF (SYM: GDX), and the Sprott Junior Gold Miners ETF (SYM: SGDJ). --------------------------------------------------------------- Sponsored[Warning: Don’t type “Trump” on your phone (Feds could be watching)]( This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions... m*** t**** s**** And they’re doing it without a warrant. [Watch my unredacted video about what I think is coming next right here]( --------------------------------------------------------------- Companies: Barrick Gold (SYM: GOLD), Newmont (SYM: NEM) Since Monday, April 15, Barrick Gold (GOLD) did slip from about $17.50 to $16.26. However, after catching strong support, it’s just starting to pivot. From its last traded price of $16.83, we’d like to see it retest $18.50 initially. Newmont (NEM) ran from about $38 to a recent high of $43.66 on earnings and higher gold prices. --------------------------------------------------------------- Sponsored[An unknown trader turned $2k into $83k?]( Ever wondered why you are losing to Wall Street in trading lately? Let’s face the reality – many retail traders are basically riding on a horse while Wall Street pros are driving in a Ferrari in trading. It’s no match, right? Indeed, hedge funds and institutions are taking retail traders to the cleaners by leveraging new A.I. tech to get in and out of positions fast. But don't worry...A Los Angeles trader named Jack Harris was struggling with options (just like you) until he developed a new, powerful method of using nontransparent A.I. data to discover high-probability trades. [Click here to claim your FREE copy exclusively for Behind the Markets readers.]( --------------------------------------------------------------- ETFs: VanEck Vectors Gold Miners ETF (SYM: GDX), Sprott Junior Gold Miners ETF (SYM: SGDJ) Meanwhile, the VanEck Vectors Gold Miners ETF (GDX) ran slightly higher from about $34 to $34.17. It’s also starting to pivot from strong support, and could soon retest its prior high of $35.74. The Sprott Junior Gold Miners ETF (SGDJ) – which ran slightly higher from $32 to $32.40 – is slowly pivoting higher as well. We’d like to see it retest its prior resistance at round $35 initially. Again, with gold likely to push aggressively higher, these are just a few of the top ways to trade the rally. --------------------------------------------------------------- Sponsored [>>Biggest crypto gains post-Halving! (This could skyrocket)]( --------------------------------------------------------------- [Free trades! Delivered Right to Your Inbox]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades]( Do you invest in any gold mining stocks or ETFs? Are there any you have your eye on that we might have missed? Hit "reply" to this email and let us know! Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2024 Behind the Markets, LLC, All rights reserved. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our [Privacy Policy]( or our [Legal Notices.]( [Behind the Markets](  [Unsubscribe]( Â