Long until 1.3........... Undervalued ponzi scheme........ ...........
CYCLIC PRICE ACTION. This can take off with both GC and DXY up. I am getting this tomorrow
GSV is close to breaking out of a massive reserve down channel. Bullish divergence on the MACD and the asset in a nice value area.
Looks good for longs in this area below green, stoploss below white, targets are lines above - this is not financial advice. dont blindly follow these trades they are for record keeping only.
Classic set up here. Double bottom and a back test of the spring. Maybe some more down side as the MACD is about to go negative but accumulation between here and .60 is the composite operator at work. - Not Financial Advice.
BUY around 0.60 T1 1.58 T2 2.20 SL closing below 0.26
Potential gain:35% Reward/Risk:3.17 Timeframe: 1-4 wks I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! Don't forget to like, comment, and Follow to...
Both the ATR and RSI look to have bounced off their supports leading us to believe today's up candle is a bounce as well and an indication a reversal is happening. We are taking this long.
Inverse H&S breakout (weekly), Friday closing will confirm.
I'd like to see a pullback to 0.60-0.66 area to add to my position. otherwise it might just keep on running. here are my targets. A high volume node in the 0.66 and 1.66 area GSV is also a acquisition candidate for major gold miners. that would push the price to a very high premium >$3 It's always a long in every situation
I have been slowly accumulating precious metal miners over the last month or few for a medium term trade. Some look good, some look bad, but I am being very cautious and patient. This one seems to be just waking up. Yesterday, a break above the 50 ma. This morning, a quick test and bounce off of it. Buying here with a tight stop below the 50ma. 1.74 or so.
Textbook double bottom, should be bullish tomorrow
Just caught my attention again today. Details to follow below.