goldminers

Ludwig_Von_Mises

Spanish mountain has very little debt and is highly leveraged to the price of silver. Very little downside here, tons of mid & long-term upside potential. Intrinsically undervalued company & assets. They're sitting on a literal mountain of silver trading well below their 2016 peak. Conservatively I see SPA / SPAZF increasing 150% in 2020. All this requires is...

ghengiskahnspermshot

Love the lower time frames here and zoom out and it's even better, if it gets over $5 this thing could get up to the 20's.

flyinkiwi10

Thanks for viewing, This won't be a long one. It won't be full of analysis. My case is just this: These small speculative, under-capitalised, marginally profitable gold miners are now extracting a commodity that has surpassed 2011 highs - and looks assured of heading much higher. So, it seems safe to conclude that these exploration and mining companies look set...

CanadianTrader10

A pure speculative play (companies operating efficiencies aren't the best) that has a return potential of 5X+. The long term chart (going back to the 80's!) looks primed to explode if all the 30 & 10 year descending trend lines get taken out, as well as the golden cross & the inverse H & S as noted in HI_DUTENGIN's post. The fundamentals of the company are OK...

Auguraltrader

A quick note in the anatomy of the Gold Miners breakdown... Basically, the USD is ↗️ the SPX / Equities are ↘️ The Gold Price is ↘️ Miners cannot hold out in such scenarios, and technical breakdown mapped as in chart.

ScotianBot

OSU is trading in a bullish flag outlined in blue, and the red downward sloping line is potentially forming a descending channel. On the RSI there is a similar bullish flag or descending triangle as to the price. The KST is in an area where we have seen previous bullish crosses, see blue finger icon for examples.

AhmedMesbah

AMEX:GDX #AHMEDMESBAH

hanzhao311

Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.

AhmedMesbah

AMEX:GDX

Auguraltrader

Tracking gold, one can buy GDX, the Gold Miners ETF, and the associated specific funds. Having tracked Gold closely for the past three years, the white arrow marks a rough but a real exit point. Today the perfect storm is set... and pre-opening shows a gap down type of breakdown. Previously explained why and how GDX would not be doing well and when it should be...

wealth_bakery

FVL.TO reported good but not spectacular stepout results and was the target of a short attack. Oversold on the Daily. Very good chance of a bounce. The company is cashed up and continues drilling. Has previously reported spectacular gold intercepts which set unrealistic expectations for some investors, it seems, not understanding what step outs are designed for....

hanzhao311

surprised to see GDX has such a huge divergence on the weekly chart dated back so long. if you see value in this analysis please give a like. thanks.

hanzhao311

the RSI divergence with price is worrisome at this point. guts feeling is buy but technical says otherwise. Same as Barrick gold chart. suspect that GDX will demonstrate similar pattern. Comments/feedback welcome.

Auguraltrader

It’s done. With gold being on the retracement, and perhaps a large one at that, the gold miners (ETF, GDX) is under siege and under pressure to retrace hard. Technically, despite a long tail, GDX clocked a lower low, which broke down of a support line briefly. The MACD is clearly broken down ahead of price. So, what is the risk? Plenty... the miners tend to do...

cicizzyu

GDXJ bull flagging. Measured move up to 75. Current position: Long Disclaimer: These should be seen as the commentator's Notes to Self. Hopefully educational but aiming for entertaining. No legal or financial liabilities should be pursued from these materials.

Big_Mike716

Looking for something like this.

Big_Mike716

Looking for something like this. GDX looks to be firmly in a downtrend.

cicizzyu

If NEM breaks out of the megaphone, risk would be skewed towards upside of 72 (R1) and 76 (R2) Current position: None (as already heavy in GDX) Disclaimer: These should be seen as the commentator's Notes to Self. Hopefully educational but aiming for entertaining. No legal or financial liabilities should be pursued from these materials.