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Alamos Gold drops takeover bid for Aurizon
Alamos Gold drops takeover bid for Aurizon

Four gold stocks poised to rally even as sector continues to lack lustre

Investors eager for a broad gold sector recovery will have to wait until the tail end of the current bull market for equities, according to the technical analysts at Phases & Cycles.

The sector started 2014 on a bullish note, with the spot price climbing from the $1,200 range all the way up to $1,380 by mid-March. However, the wheels have since come off the rally and denied the gold sector what it needs most: a solid basing period.