Silver is at $24.15 resistance. Gold is at $1841 Gold and silver advanced seriously this morning at around 9am 1-19-2022. Silver is at $24.15 resistance. Gold is at $1841. AG is up 12% today this morning. GOLD is up 7-8%
Overall, BTC and ETH are going downtrend: it is bearish in the coming 4-5 months. The same thing may be true for precious metals, gold and silver, the miner stocks I picked are AG and GOLD. Although the fundamental is good, they may go down in the next 4 months then go up.
GOLD looking bearish, let's see if we can get a trend reversal. Most likely building a spread here
As Stated in the Video...Enjoy!!!
Barrick Gold looking bullish and continuing to move upwards. Looks like close to a wave 3 right now.
MCD, GOLD, CAG, D, NOC
MCD, GOLD, BMY, ETR, AZN, BHP, BMY, CAG, CI, CL, DTE, GWW, HUM, K, L, NKE, RIO, Y, TJX
ETR, BMY, MCD, GOLD, AZN, CAG, CPB, KR, L, LMT, NEM, NOC, Y, RTN
AEP, AZN, AZO, BHP, BMY, CAG, CPB, CVS, ES, ETR, GPC, HRL, HUM, K, KMB, MMC, OMC, RIO, SO, SYY, TGT, TSN, VMC, WEC
MMC, OMC, EIX, SO, AJG, MCD, GOLD
SO, EIX, OMC, AJG, MMC
TGT, SO, AJG, MMC, AON
Keeping an eye on ABX.TO tomorrow, we have a daily bullflag setup and currently consolidating on the 2hr chart in a Cup & Handle pattern. Bulls are looking to confirm the bull flag and want to do so one more than 1.4 million shares on the first hourly candle tomorrow - I want to see volume behind the breakout to confirm its real
I'll be watching ABX.TO tomorrow for a potential swing entry. My entry stop will be below the last hourly support and if I do take this trade, I will monitor any SPY consolidation to ensure my position is not in danger. Key resistance 17.40