Kirkland Lake Gold (KL) Price Analysis

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With gold and gold miners now looking like they are on the move as noted here and here, it's time to be looking at individual names in the space for buying opportunities.

I've already taken a look at First Majestic Silver (see here) but Kirkland Lake has to be the top pick in the space for me.

As the daily chart shows, it's breaking out of a rounding bottom and good to see volume increasing here as interest in the name picks up.

It's always good to buy relative strength as it tends to persist and looking below at the weekly chart shows just how strong this name has been. Expect the uptrend and the out-performance vs the sector to continue.

Kirkland Lake Gold (KL) Price Analysis | Ecency