Gold Stocks Do or Die

Gold stocks are again testing an area that’s held them down for the past year. Don’t worry if you’re late to this party. With consolidation of close to a year, there will be plenty of opportunity to hop on a few gold stocks in the sector. The XAU is near a weekly closing high here for the year.

I’d ideally look for stronger plays in the sector. KGC broke out Friday, and is one to watch.

AUY has been a beast in the sector. Now out of single digits, it should have some institutional money thrown at it.

Buying begets more buying in GOLD.