GBTC v. GOLD, SILVER, AND US DOLLAR Interesting to watch while we trade.
As volume has grown, has gold found a new support level providing supporting for a next leg up? Continued questions about the health of financial services will likely sustain growth in the near term.
Perth Mint has positive MACD with stochastic between 30-50 and the trend is moving upward. I see it as a profitable long.
Technical indicators are bullish on AAAU Moving Averages - Bullish RSI - Bullish Volume - Bullish Confident it will fall down to support, which would be a good entry point. Think this is trading in my favorite - a wedge pattern. Love the yellow stuff, and think this sector has been beat down for too long, but if we just jump in we may see a short term...
I see confirmation of support & am going to open a small position on Monday. Will have a target of $13.25 2% stop loss Good luck traders!