Here is an update since 5.95 bottom call.
breaking it s flag now .. bullish time again
Gold miners lacking clarity lately. Wait for a clear break of this pattern and it could see considerable follow through.
.886s on top and bottom with room to fill. oversold on the hourly and slight bearish divergence coming into macd
Gold is about to complete the right shoulder which will send DUST into its upward shoulder. Looking to sell around $10 as first wave.
Symbol: DUST Position: +200Long Entry : $7.69 TP: $10.5 Stop Loss: $6.68 (1.5x10DAY ATR) R/R: 2.47x Notional Risk: $202 Technical: Trend reversal Multi-day RSI divergence. I'm looking for GOLD prices to tuck back under 1500 the bleed off to July prices. Running a tight initial stop as I'm a bit late to the party.
Gold is holding up quite well today despite the strong dollar and the weak euro. One could think the reason because gold is ignoring the dollar strength. I think gold is just propped up to let smartmoney exit their miners positions ahead of the holiday weekend. The dollar will break out next week and the euro is heading lower . This will move gold into...
reeee, the 17th is the fed meeting, thinking powell might not cut rates or just .25 in attempt to hammer metals???
Dumps and climbs 50% Fib.Volume looks strong and RSI has room before hits resistance. We can re-evaluate future target once we hit resistance. US and China trades news painting good picture.
W bottoming momentum in weekly in oversold area $GDX, $GDXJ, $NUGT
Usually gold and the dollar move opposite directions, but both XAUUSD and DXY are up since late June. The dollar index is holding above its upward trend line and poised to possibly bounce higher in the coming week. Meanwhile, gold is in overbought territory on the RSI and making bearish divergences. Usually, gold outpaces the dollar, and miners outpace gold,...
BUYING DUST AGAIN FINISH THIS PATTERN TO RETST NECKLINE