Topping along quite a persistent line of resistance. I think we will likely see a pullback here to around the 121 area effectively forming a flag for an eventual move higher thereafter. Orange wedge marks the immediate short target for now.
Held the green support line well under selling pressure this morning. Already had huge retrace. Once the final sellers go we should see another big move up.
Slight breakout on this chart but large disconnect to the rise in gold which should close. Based on current gold prices this has a 50% move in it from here.
Pretty clear weekly close here above the falling trendline for the last 5years.
Not yet made a move which supports the recent advances in gold. This chart shows a possible inverse H&S with $19 e tension area.
We might still get massive near-term rise here up the parabola pre correction in a very short space of time. Big opportunity but set tight stops as it's high risk/high reward.
BIg old retrace and Consolidation into the 100hour moving average. Buyers have been waiting for this & I suspect any pressure here will lead to a bit of a stampede. Happy to take a position at this price and wait for the inevitable to happen.
I see this confined to the lower green channel. Top has been hit. We may see a little strength still allowing it to revisit, but my view is we will see this channel bottom again soon.
This triangle will break one way or another very soon. A break lower should provide a great opportunity to buy or add close to the 50DMA or lower green channel bottom. A break higher I think should be th next major impulse move higher and well worth riding up.
Horizontal resistance at 16p, this now needs to clear the Orange falling channel and resume its rise within the wider green channel. Buy the breakout or (likely) retest.
Short is an overcrowded trade here at the moment. Watch for reversal signs as good chance of those shorts getting covered at pace when we do.
2400 is looking a good target area.