andrewunknown

Solid Week Here: Falling Trend Line Resistance at ~27 Next.

BATS:GDX   VANECK VECTORS ETF TRUST GOLD MINERS ETF
186 views
0
186 3
.$GLD $GC_F
Is there a price target we can expect with this pattern?
Reply
There are multiple targets, but basic move to expect would be back to the resistance band around 37-41 (see all the way back to Fall 2008). Resistance 30.50-32 is a major factor along the way. Note I'm not much for setting precise long-term targets (too many variables can come into play) but will dial this in better when/if price gets into that 37-41 area.
Reply
mika2k1 andrewunknown
Very good. Thank you!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out