Augusta Gold (TSX: G)'s chart looks extremely bullish after the stock dipped by 1.94% yesterday to $1.01 per share. Its 14-day relative strength index (RSI) is back down to a healthy 68.87.
Vaneck Junior Gold Miners ETF (GDXJ) closed yesterday above its most important key breakout point of $37.50 per share and next week will likely be one of the largest up weeks for gold stocks in history with Augusta Gold (TSX: G) likely to lead the way as one of next week's largest percentage gainers.
When GDXJ hits $56.62 per share in August, we predict Augusta Gold (TSX: G) will simultaneously reach $5 per share.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA's President has purchased 224,200 shares of G in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.
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