If we can get past the 2050 price level, we may be able to test 2080, however, given the bullish trading environment, the price is looking like it is more likely to retest 1980/1960 in the near term. COMEX:GC1!
Junior Gold Miners! Inside a Year-Long Textbook Wyckoff Accumulation Pattern... Volume lining right up. Gold is short, bigger than shit! Thanks to @BertBamboo for the heads up! I am in! Short this yellow rock into oblivion! 10-20-30X Potential on this play.
200 Daily EMA holding support. 20-week holding support. Gold looking to break down...
BTC, GLL, GLD, SLV, NKLA... All trolls from now on get put on the ignore list and I will never see your posts again. I am done arguing with idiots.
This is what it would look like IMHO...
Where's the corn going? S & P, DJI, GOLD, SILVER... I didn't get as much done as I wanted... I will do a ChARTcast in the am before I leave on the stocks I am watching! Have a great night!
Gold is old! No one cares about shiny rocks anymore!
No margin fees! No margin calls! Just buy and hold! Targets are to the right on FIB lines! Could go back to $500 over the next 15 years! I am DCA short Gold Shares and HODLing - long time! I see daily, 2 and 3 day Hidden Bullish Divergence which is a continuation pattern with Gold breaking down. This seems like a no-brainer to me. This is AMC and GME at...
What this chart shows... The treasury bond yield and the price of gold have a strong relationship in the long and medium terms (in inverse directions, hence the use of GLL UltraShort Gold ETF as a comparative measure - PURPLE line). Yields had been falling strongly, and gold price rising swiftly throughout 2019 and into 2020. After the initial Wuhan Virus shock,...
test ProShares UltraShort Gold seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Bloomberg Gold Subindex
GLL currently trying to push past 50 week MA and supply zone, Broke out of down trend.Waiting for Weekly MACD as confirmation. WEEKLY MACD seems to be the buy signal on this one. Last 4 times weekly MACD crossed it ran.
ProShares UltraShort Gold (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of Gold bullion as measured by the United States dollar p.m. fixing price for delivery in London. Look forward for further upside action (correspond Sell XAUUSD) in short-term. Time horizon: 2 months.