Pretty straight forward long setup for miners. It's all about patience and finding the pivot point in the coming days for first entry. RSI divergence, MACD divergence and also end of C wave impulse. This could also possibly be the absolute bottom of wave 2, but we'll need a couple of weeks or so to know for sure. With that said, there's going to be (at the very least) a nice swing into December.
Keep an eye on DXY and gold for signals. Will comment with entry when the time comes.
Keep an eye on DXY and gold for signals. Will comment with entry when the time comes.
Comment:
Tomorrow "might" be the day. Let's see if we can tag 19.40.
Comment:
This looks good but believe me there's no indicators yet showing breakout. Sidelines for me still. If you need a fix of precious metal action, look at Silver.
Trade closed manually:
No play on this chart anymore.
