U.S. Gold Corp. (USAU) Positions For Long-Term Metal TrendsU.S. Gold Corp. (USAU) is a gold exploration and development company working on projects in mining-friendly regions of the U.S. Its focus is on advancing large, high-potential gold deposits and increasing resource value through drilling, studies, and strategic development. Growth leans on rising gold prices, strong demand for safe-haven assets, and progress in moving its projects toward production.
On the chart, USAU printed a confirmation bar with increasing volume as price moved above the 0.236 Fibonacci level and into the momentum zone. A trailing stop can sit just under that 0.236 line using the Fibonacci snap tool, keeping risk tight while allowing momentum to build.
