The Company recently fired both their CEO and CFO for incompetence and malpractice. The company didn't publicly state so, but it was evident why they left. This company has wrote down recently some of its poor performing mines. I think this company is in a great position for some upside. I could see a return to 16$ in a very near future. (March-June) Great price...
Breaking out this week? Indicators are turning bullish.
We've seen a very significant phone in the dollar today compared to the euro . China may have to wait until after the 2020 election to handle the trade disputes between not only the United States but also emerging markets.All in all this is not made the dollar week and in terms of the dollar in a relative relation between the yen for example, Dollar going down...
FOREXCOM:XAUUSD www.tradingview.com SPOT GOLD / USD CHART 30M HARMONIC PATTERN FIBONACCI. PRECIOUS METAL. FOREX.
Gold broke out of a 6-year base this year, leading the other metals and commodities. 6-year base breakouts don't just end in 1-month surges. We have higher gold targets following this correction. $1711 and $1834 gold targets in the next 3-5 months. To us, this correction is an accumulation opportunity. When silver rallies to $25, silver miners will have a ton of...
Gold & Silver investors, you need to keep an eye on the gold to silver ratio. The ratio helps us in deciding how to allocate our portfolio with gold and silver. The ratio can also help us to identify trend changes and understand what is happening in the metals market. During a metals bull-market the ratio moves decisively lower. On the chart you can see that...
The Repo market is proof that something is wrong with the system. It's an unsustainable system. Rates need to stay low and money needs to be printed in order to sustain this bubble - eventually this will create an intolerable amount of inflation. As the market realizes that QE isn't temporary, that it is permanent until inflation is out of control, then...
Rising Wedge in Gold we will find bearish sign to enter in trade.
Please, note-At the moment we do not hold any position in our portfolio however when we'll execute positions we'll update you as always- Gold and silver prices are trading moderately higher in midday action Thursday. Both metals are looking to a wobbly U.S. stock market for direction. A big morning sell-off in U.S. equities pushed the safe-haven metals to daily...
Taking a look at the 1 day GOLD chart. You can see that the indicator catches most of the tops and the bottoms of the rally. GOLD has done very well over the last year. The indicator does a good job at swing trading it.
but so far ..supply outweighs demand..
Hey tradomaniacs, in this chart I want to show you my concerns about Gold and why I wouldn`t buy right now. Technically we see a very nice chance to buy right at the trendline, especially since the correction seems to be done according to E.W. and the fact that we are right at the trendline PLUS a very nice round number, which is 1.500 here. The 4h and...