now will it break down? more than likely. crypto currencies are all the rage and everyone is taking about it ....even non fiancial people. time to get out.
daily chart setup = h + s... inverse. nice setup for a big break price has already broken the down channel
yes my guess was close. gold price has broken out. watch the miners run like a beach
XGD - asx gold miners index has reversed directon 1. 3 green soldiers 2. Count back line is broken gold miners will predict a higher GOLD price in the coming months
ok here we go. out of the bull flag price channel watch NEM, BARRICK
using elliot wave and fibonacci levels I extrapole GOLD price to top @ $3300 $USD
NAB facing resistance level. can it break higher? can RBA go negative? Can NAB create new loans or have we hit saturation levels of debt. banks make money on creating debt. retest of $15 for NAB??
2W chart explains it all. no need to comment.
Platinum is rising from ashes and started a new bull run after many years heading lower. found support @ $818 where all the selling has been exhausted. i expect it to retest previous highs. In the meantime it should carry gold and other precious metals higher with it.
2 times the price has moved out of the range trade due to panic selling. I expect WGX price to move back into its price range channel.
take a punt and buy RSG @ support level its been in a range trade for 20 years. buy the "fear"