performing better than $GDX lately. No position
Here you can se where I try to fade the trend and fail to set the appropriate target, fortunalty I move the trailing stop forward and made a little gain.
BVN - Wait for LPS + Cup and Handle Template
The Peruvian company is still one of the better juniors. $GDX $GDXJ $GLD $SLV $NUGT
This is one of the more extreme gold miner charts I've seen. It dropped a whopping 75% in 2015 alone, and then got it all back in 2016. Wow! Not to mention, it made higher lows in 2017. If it continues to rally there is very little resistance. It probably will, since Gold is strong and USDollar is very weak (failed intermediate cycle). An entry here offers...
Be brief, do not doubt that the price is showing intentions towards the resistance level around 14.60 Technically this resistance line it has not been broken or is confuse, but the bullish gold futures support this idea give time
#Gold #mining #reflation #latebullcycle
It is time #reflation #latebullcycle
nice setup again, testing important resistance. No position
But the pattern is really beautiful. Looking forward to it
but I might be interested at 12. no rush
it is showing good relative strength versus $GDX
See below relative strength vs GDX