AEMLong idea for Agnico Eagle Mines as price of gold recovers, albeit slower than my expectations.
Nevertheless, gold price recovery narrative is still in place and you start see some miners reverse their downtrend.
One of these is Agnico Eagle Mines.
On the daily chart, we can see bullish momentum in the positive and negative directional indicators.
Trade active
Price is trading sidewaysTrade active
After some sideways consolidation, price is moving again
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.