This video was recorded before the actual breakout of the gold price on Friday, March 1st. The $2,000 per ounce level is holding up very well and an upward trend seems to be discernible. The gold price has started an upward reversal formation with a short-term target of $2,090 to $2,150. If the price rises above USD 2,180, a strong buy signal and a price target of USD 2,440 will emerge from the formation from December 2023 to March 2024. That is why it also makes sense to look at medium-sized gold producers that are earning money, paying back debt or have little or no debt. Because these great companies are available at a winter sale price. We name some favorites in the Video.
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