Dllew2019

Above 28.04 can chase the upside.

Very likely to continue the up trend.

Tomorrow holding 220.3 will be good for Friday lotto. Small size knowing it's a light week. B/O yellow line would be even better on a daily basis. Close above 229 would be interesting on weekly and monthly.

Daily not beautiful but closed above 29.6 key line. Weekly has shown some level of concern but one more day to go. Anyway, watch if 29.6 can hold. If b/d, 28.85, 28.28 should support.

I actually like this doji. Can chase once it b/o 30. Lower low on daily would see support at 28.85, 28.5 & 27.76.

Above 29.6 will go higher. Profiles show the uptrend is not done yet. And do not see much resistance to pass 2016 high.

So it finally went jump out of the box, volume profile show a potential gap. Daily with big volume. Weekly is a bullish engulfing. Worth the risk.

Diamond Shape b/o or b/d.

GDX held 27.8 and went back above 28.2. Even though still in the box, daily and weekly shows a good odds to continue upside move tomorrow and the day after. Did not see the golden 10ma weekly touch to load more. Control size though.

On weekly, it showed a bearish engulfing but supported by 5ma. If it does touched 10ma and showed reversal on 4h or daily chart, would be great chance to play long.

I think / hope there will be retest, use weekly 5ma and 10ma as place to watch.

Finally GDX showed some sign of exhaustion. Support below are 28.17, 27.8, 27.2 Above 28.9 can go higher.

Too many charts today..... Just wait and see how it develops.

If weekly closed outside of the lower BB, it seems to have a good odds to bounce in the next week or two.

Apparently my time off is not good and missed most of the crazy run last two days. So for tomorrow, if GDX gapped down and failed to close above 28.6 will make it a bit bearish on daily. Ideally we should see price supported by 28.13 and end up tomorrow with a long tail. Xau 4h printed a bearish engulfing. A little cautious and need to review again tmr...

I know it is 9 waves from the low. But if it holds 28.9 level, it is a gapper for me tomorrow.

Otherwise, 26, 25.5 etc.....

Today's action is not bad. Still leaning towards upside b/o. Can buy or sell when outside of triangle.