The outlook on gold and gold stocks into the summer is looking strong, according to the charts

With investors focused in on the major equity averages achieving new milestones this week , it may be surprising to learn that gold has actually performed both the S & P 500 and Nasdaq so far in 2024. Let's take a look at how gold stocks have fared and see how recent price action suggests the uptrend is nowhere near completed. While gold began 2024 by underperforming equities, a resurgence in March and early April propelled this commodity much higher.

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