AEM is headed straight for key support. We like the idea of buying AEM in the buying zone indicated. It offers a great risk-reward. The stop is below the indicated buying zone with a target at the recent swing high. Great payoff, small amount of risk.
Comment:
Let's go AEM! The same applies here with regards to Gold making new all-time highs. Hold on and enjoy the ride!
Trade closed manually:
Gold seems to be running out of momentum. Happy to take the money off the table here. I think gold and this stock still goes much higher; I just think that it's likely time for a short-term pullback. We could get in again lower down.
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