DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
HELIOS AND MATHESON ANALYTICS INC, SPDR S&P 500, BANK OF AMERICA CORPORATION, ADVANCED MICRO DEVICES, INC., SPDR SELECT SECTOR FUND - FINANCIAL, ISHARES MSCI EMERGING INDEX FUND
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
GOLD / GLD looking like a fantastic medium term play if we can continue to hold above 1220/oz. Looking for the 1236 breakout.
In relation to all my predictions, I believe people will panic buy JNUG as a reaction to -13% drop we might have on Monday, Oct. 15th. In my opinion and not financial advice, I would sell it and go JDST after taking profits at the ~48.9% pop.
In a channel. Long swing possibility. Perhaps it breaks through. Who knows with this?
Time to play JNUG. Till upper level gets hit.
JDST Day Trade Potential
Long term it is also looking like it's about to reverse back up 20% over the few days.
$gld $nugt $dust $gdx $gdxj $jdst $jnug $dxy
Strictly based on technicals, gold has a lot of room here over the next few months
The uncertainty surrounding the ongoing trade war between the US and China has been driving the price of gold lower, instead of higher, as would normally be the case in times of heightened geopolitical risk. This is due to the close correlation between gold and the Chinese yuan which has remained firm in recent months. The Chinese government has allowed the ...
Over 82 million shares were traded in the triple leverage gold stock ETF (NUGT) on July 17, 76 million in 40 minutes, which is about $1.7 billion worth.
This is triple the previous record of 27 million on December 15th, 2016, after which NUGT doubled in two months.
Well I havnt done gold for a while now but it appears to me that a nice setup to go long is presenting itself. This ICL has been stretched but that just makes me more confident that I have a safe Jnug play here. I am not about to try to guess what kind of wave count we are in. However, If we have started our move down into the larger C wave then this move up ...
Blue box will be deciding factor for Gold in long run. I don't think this recession Gold is going to go up, unless it breaks the trend. In the last 3 recessions (1990, 2001, 2008-9) only the 2001 recession saw a gold rise, and even that was not too impressive. On a longer time span, there have been only 4 instances in the last 100 years where gold rose prominently ...
The timing on the GOLD chart XAUUSD is certainly right for a major reversal. Could happen any day, when it does, it will be very rewarding. JNUG and NUGT should really run higher.
Just buy physical Silver here, and close your chart.
Come back in 5 years and flip your silver to gold. Repeat that process by flipping back to gold once the ratio hits 80 again,
I'snt it easy? You've just found yourself a trading strategy for the rest of your lives.
You dont have to trade a lot to achieve the same returns as the actively managed funds out ...
Here's my 2 cents on the miners. Based on the last 7 months or so, it looks like we had 2 cycles and are currently in a 3rd. They range about 109-137 days. In each of these waves you can see three minor waves. If we are currently in the 3rd wave of the 3rd cycle then I would expect it to be LT and drop fairly soon. It shouldn't take out the highs of April unless ...
Chart says it all
XAUUSD is highly possible to breakout of a bullish flag. Target is about 1360.
Nice Breakout from Triangle pattern.
Looks to go to target of 19.00
Looks like a Retest near Triangle pattern support