Serious bear strength since August. Drive up at 9th November got seriously rejected from the previous bull channel and found the lows of the bear channel created. We have found ourselves bouncing comfortably between top and low range of bear channels however the 1764 bottom has proven a great rebound for a bull attempt. Bulls pushed past the 50% marker on the...
Hey investors Setup in the GDX and GLD at the moment is begging for gold miners to revert back into an upward cycle Technically we have enough waves down to consider the formation complete and divergence is coming through stronger as the days pass NST is one of those stocks. ASX listed All the best. Please hit like and support the ASX listed traders on...
Here in Gold, we have seen its keep on falling & face some fake designs. Well due to Corona Vaccine & after the US election, the GOLD has move potentially high falling towards support. So, i'm focusing towards the lower support and considering it as the gold next target to hit over there. So, for this i've clearly shown all the buy & sell levels but main idea is...
In blue it appears as though GBR is trading in a bullish flag, but looking at the RSI there's a noticeable bearish divergence, meaning, the price continues to rise but the RSI is declining. On the KST there's been a bearish cross where I have the blue finger icon pointing down.
After a huge accumulation in this area 1880-1920 the price has reached a very important area . I expect a rather ranged session today, unless Wall Street opens with positive Stock markets gap which will add Bearish pressure on Gold . I remain Bearish on Short-term with Stock markets chart as my main point of interest. I am sure in Selling outlook but without...
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.
very important opportunity to buy gold because we have squeezed sellers with high volume plus we have a breakout of the VWAP indicator with effective volume this means that buyers have entered the market signal buy , if we break the line of 1899.5 we have 100% probability of cashing our profits in TP
Personally - it shouldn’t be a big surprise that Gold is under strong Selling pressure (Selling swing on every local High) as DX is extending the recovery, Stock markets are near Resistance (which should be Bullish for Gold - adding Buying pressure), while Bond notes are on a Bullish gradient - all correlating assets showing Neutral values on Gold . Regarding...
Proposed Wave 5 will take price to 2150 to 2250 above previous highs into the end of 2020
A Reaction low formed after testing the Upper Bollinger Band and the (Resistance area of 19 September 2011) ,We then seen a Test of Support (Middle of Bollinger Band) and (Previous Local Resistance), found support there and moved up to test the Upper Bollinger Band, exceeding the previous high but Rejecting the test of the upper Bollinger Band (Also being The High...
GGI has hit some rough patches recently but the macro looks very favourable with lots of attention on ethical Nickel, thanks to Tesla Battery Day. The Nickel Mountain Deposit hosts some of the highest grade Nickel on the planet. The head geologist Dr. Peter Lightfoot is one of the top Nickel experts in the world with many mining textbooks to his name. Billionaire...
GOLD(XAUUSD) All the entries should be applied if all the rules are applied. only idea
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....
Hi all traders, Im currently viewing gold as a possible descending triangle. If the support is broken, we should see further downside of gold. Any break of the trend line will only signal a possibility of a range bound gold first. I wouldn't assume the break of trend line would be the bulls taking over and making higher highs. Follow me on tradingview Like and...
This one is for gold bugs out there. The stock is being re-rated after today's news (below). Great management, infrastructure, fully funded through 2021. Charting it is useless as it is being re-rated but it's worth looking at companies like Great Bear Resources (GBR.V) to see where it could potentially go in the long run. Galway Metals Intersects New Wide Vein...
From my previous chart, I stay-ed short bias at the moment as we didnt break 1943 yesterday. Entry: 1930 SL 1943 TP 1875
Massive volume coming causing a technical breakout. Currently consolidating at support. I hope you are long metals and mining. Should have been a core portfolio position for awhile now.
Big volume coming into the mining sector thanks to Buffett and Sprott kicking off the buying spree