Bullish Momentum Overnight to thrust Gold upwards to the downard trend line. Worth noting tgat this downward trend line will only offer a mild resistance and the possibility remains for Gold to see all time highs once again in the near term should the trend be breahed.
All the rest of that day, on those wild screaming beaches, the Fix-It-Up Chappie kept fixing up Sneetches. Off again! On again! In again! Out again! Through the machines they raced round and about again, changing their stars every minute or two. They kept paying money. They kept running through until the Plain nor the Star-Bellies knew whether this one was that...
Providing an update to our previous trade setup for Gold that outlined a potential Bearish Head and Shoulders setting off a fractal chain reaction of selling pressure. That scenario has played out as we predicted and we expect selling pressure to remain intact for the near term. We expect the bearish momentum to continue until we reach previous highs around the...
Here is a multi-timeframe fractal analysis for Gold priced in USD. Looks can be deceiving but it appears a head and shoulders pattern has formed signaling a short term price reversal in the yellow metal. This pattern has potential to set off a chain reaction of bearish chart patterns and downward price movement. Use stop loss as appropriate as these are...
Targets acquired from multiple instrument technical analyses.
This trade is one you don't want to miss
Something ominous lurks Beyond.
X AMEX:GDXJ OANDA:XAUUSD AMEX:GLD AMEX:GLD AMEX:JNUG AMEX:GDX TVC:SPX TVC:DJI NASDAQ:QQQ AMEX:FNGU TVC:DXY
Providing update to my previous chart. Gold has now completed an inverse head and shoulders pattern and we're expecting the bullish momentum to continue.
Expecting a brief pullback for profit taking and pattern formation. Retest of 0.618 Fibonacci level possible followed by larger move up to a near $24 level
looking for high volume breach over and through the critical $50 level. Its possible that a once in a lifetime risk vs reward opportunity is setting up on the junior gold mining sector..
