New Gold Sell Signal Could Trigger Any Day with a break of support trendline and trigger bear flag.
This is my first video on Tradeviews and I'm still learning the software but I wanted to give it a try and share my overall analysis for what you should expect next in gold. GLD GDX GDXJ JNUG NUGT SIL SILJ I share my daily pre-market video each and every day before the market opens on my website .
Our ongoing efforts to dissect these markets and to help educated and inform traders has led us on an exploration path into the general market activities of two leading market indicators; Commodity prices and Transportation Prices. These two core elements of any regional or global economy are usually about 3~6 months ahead of the general markets. When viewing...
Expect miners to gap lower and rip hgher all session based on pre-market price spike signal I always share!
I like the look of this chart of DUST. I bought this morning. It's always risky holding over the weekend but its a small position, relative to all holdings. GOLD is breaking below $13000 looks good for a pullback. Cycle wise we are due.
Gold broke its previous resistance and move higher. And we could find that there are tons of resistances ahead of current level. RSI and MACD are overbrought. So i think we need a healthy correction very soon.
The US Dollar is poised to rally back to near $97.50 as this recent downside price swing ends. We believe the US/China trade talks and North Korea deal with result in a strong upside potential for the US Dollar and the US stock market as time progresses. A certain number of industry analysts are starting to announce the recent December 24th lows and subsequent...
I'm not going to point out where price touches these lines as it really is simple to see that these levels have been used as both SUPPORT and RESISTANCE, how do people not spot these? Do they constantly walk around with eyes closed? or more likely with heads in phones on dating apps looking for there next sexual transmitted infection ;p It is so simple but yet...
Short GDX, Gold. Hitting $1280 previous resistance, 50% Fibonacci level. $GDX has hit resistance and cannot close above $21. Sold my nugt from 2 weeks ago. Now bought 1/3 of $dust for swing. January, markets may rebound, so metals go down. Will wait and see, Happy new year!
$nugt $dust $jnug $jdst Prepare for a jolt- I'm currently out of gold and miners. I don't like it here. pivotal with bearish looking divergence. It will be interesting if it breaks out.
I am expecting gold to move into its final drop and possibly bottom in February. Then we should get a very strong move up similar to the 2016 run. I do not see the start of the bull gold market. Just a large strong C wave up to above $1400. And miners should also make a similar move as the 2016 run. GL
Well I havnt done gold for a while now but it appears to me that a nice setup to go long is presenting itself. This ICL has been stretched but that just makes me more confident that I have a safe Jnug play here. I am not about to try to guess what kind of wave count we are in. However, If we have started our move down into the larger C wave then this move up...
$gld $nugt $dust $gdx $gdxj $jdst $jnug $dxy Strictly based on technicals, gold has a lot of room here over the next few months
There is a H&S developing that I've been tracking but the right shoulder looks ugly due to the FUD of the TradeWAR...but it still want to complete its full right shoulder...which now has developed into a rising wedge..with decreasing volume and RSI fluttering at the top...as the title states "the drop is imminent in gold" time to buy $DGLD or $DUST
Just a little update to how I am currently seeing gold price behavior and the pattern that lies ahead. It makes sense. This next push should bring gold up to the $1400 range and then be the end of the large B wave. You know what comes next right!? The big C
Going to buy some puts. Looking for jobs as an analyst.