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JGLD - Price Analysis Shows Bearish Indicators But Exhaustion May Be Near
September, 26 2021 10:16 AM
Amplify Pure Junior Gold Miners ETF
The gold mining companies often magnify the moves in gold because they are leveraged to the price. The recent stance by the Fed has been perceived as slightly more hawkish creating even more selling in the gold miners. A big move up in gold will often occur simultaneously with a move down in US debt rates (a move up in Treasury prices) or a move down in the dollar. For further details see:
Price Analysis Shows Bearish Indicators But Exhaustion May Be Near
Stock Information
Company Name:
Amplify Pure Junior Gold Miners ETF
Stock Symbol:
JGLD
Market:
NYSE
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