In the bigger picture of things we are essentially waiting on or selling to the long/buy opportunity around 1760, should 1833-1840 hold up as resistance and not be broken. Should it break we would seek buy stops around 1845.00
We correctly predicted that gold would move along the upper channel line for few days before moving higher. Yesterday gold decoupled from the upper channel line to the upside. RSI and MACD are bullish. Stochastics is also reversing to the bullish side. We expect gold to continue go higher and subsequently reach our price targets. Our short term price target of...
Traders, Silver (XAGUSD) has been moving and yesterday it caught several analysts and traders by surprise. The reason behind that is that majority do not perform multi time frame analysis and do not see the hidden higher time frame levels which can act as support and resistance. In this multi time frame analysis I start from the monthly time frame and go the way...
For those of you who haven't been following along, this is what was said in May at the end of Q1 2021. GEORGE TOWN, CAYMAN ISLANDS – May 25, 2021 – Vox Royalty Corp. (TSXV: VOX) (“Vox” or the “Company”) is pleased to announce its operating and financial results for the first quarter ended March 31, 2021. All amounts are in U.S. dollars unless otherwise...
$VOX.CA is pleased to announce that it has executed binding agreements with Titan Minerals Limited to acquire four Peruvian gold, silver, and copper royalties for total cash consideration of US$1,000,000. In addition, Titan will pay Vox US$1,000,000 in cash pursuant to the terms of an agreement between Vox’s subsidiary, SilverStream SEZC, and a subsidiary of...
Technical indicators are mixed for gold. Yet fundamentals remain bullish. As gold continues to move along upper channel line we believe that it is poised for further move up. Our short term price target remains 1850 USD and our medium term price target remains 1875 USD. Prior thoughts from 14th July 2021: More prior thoughts from 30th June 2021: Here we hinted...
Gold marked its first weekly loss in just more than a month. Gold price has struggled to maintain its recovery from the previous selloff as the dollar continued to strengthened amid the outbreak of the delta variant. However, we still see gold finding support and staying on to of the previous range which could potentially invite another bullish wave in the...
Just buying Silver @ 24.86, as it already broke the triangle (yellow) and pulled back to the range high BUY (which often acts as strong support). The grey trendline could act as a magnet attracting the price. For me it's good opportunity to get in with favourable risk reward ratio. RRR 5.55 TP @ 31.9 which is resistance slightly below the projection of triangle...
On the daily pivots, the R2 is the game-changer. A rise in share price above there and we're in a new bull trend on the higher time frame. Volume increases are needed as is revenue that gets above CAD$3million and with the NSR's and Royalties coming into production over the coming year or so, that revenue goal will be exceeded. May be doubled.
Vox Royalty Corp (CVE:VOX) (OTCMKTS:VOXCF) has noted that its royalty partner Thor Explorations Ltd (CVE:THX) (LON:THX) (OTCMKTS:THXPF) (FRA:T2X) has begun commissioning its gold processing plant at the Segilola gold project in Nigeria and will pour the first gold bar there before the end of the month. Vox Royalty, which has a 1.5% net smelter return (NSR)...
We have added a triple moving average system to determine the trendiness of XAUUSD. Green>orange>red is regarded as a bullish formation. When this is achieved with angle and separation (blue arrows) a price uptrend typically ensues. Current price action lacks clear direction in this regard. We note that the short-term green moving average has turned down. If...
Gold was sitting around the $1825 on Friday, July 16. Silver was over $26, platinum was near the $1140 level, and palladium was around $2700 per ounce. All four of the precious metals that trade on the COMEX and NYMEX divisions of the Chicago Mercantile Exchange have been trending higher over the past years. Gold and palladium reached all-time highs over the past...
This is a momentous occasion! US Dollar just broke out into a new bull market. Looking at the chart we can see that the Dollar index has closed above the Blue support-resistance line on July 13, 2021. This is a clear breakout. We can now expect new higher highs and higher lows for the US Dollar. Those that trade commodities and especially precious metals...
The gold successfully broke out of a consolidation but faced strong rejection on the last trading day. The break-above of 1825 should technically boost the price all the way to 1850 but it turned out to be another phrase of accumulation. However, the gold still ended the week with a bit of gains and still managed to stay supported at the bottom of a rising...
Today we will take an in-depth look at the Gold Futures chart. On the main chart, we can see the Daily timeframe, and before starting with the analysis, we want to share the Weekly view + The similarities we are observing with the previous bull run of 2009 Current Weekly Chart Weekly Chart 2009 Daily Chart 2009 ...
I see this recent drop in XAUUSD as a natural process for the previous break above resistance for Gold. Time will of course always tell. Manage risk, use stops.
Gold keeps rising as we correctly predicted. RSI, MACD and Stochastics remain bullish. ADX undergoes reset. We decided to change our 1850 USD medium price target to short term price target. In addition to that we would like to set new medium term price target to 1875 USD. Thoughts from 30th June 2021: Here we hinted at divergence between RSI and price of gold....
Comparing 3 large precious metals royalty companies and the VanEck Vectors Gold Miners UCITS ETF (GDX), shows how the Gold miners and large-cap royalty firms have a similar relationship within the market. Recently the price action in Vox Royalty has started to find that it too can benefit from a rising market and good news flow. In the past VOX Royalty has been a...