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Alamos Gold drops takeover bid for Aurizon
Alamos Gold drops takeover bid for Aurizon
(iStockphoto)

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.