GBTC v. GOLD, SILVER, AND US DOLLAR GBTC v. GOLD, SILVER, AND US DOLLAR
Interesting to watch while we trade.
AAAU trade ideas
Gold finds support - will demand sustain continued upward move?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.
Long Perth MintPerth Mint has positive MACD with stochastic between 30-50 and the trend is moving upward.
I see it as a profitable long.
$AAAU - Bullish but wait for better entryTechnical 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 decline before a rise.
$AAAU Wedge PatternI 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!
