Northern Star – Buy Signal

Northern Star Resources is under Algo Engine buy conditions and is a current holding in our US S&P100 model portfolio.

Gold remains under pressure as US yields push higher during the current “risk on” phase in the market. We are also experiencing selling in the “yield sensitive” securities such as consumer staples, utilities, infrastructure and REITs.

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We now forecast price support developing in NST near $8.00.

 

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