Still things are bearish from the drop at 1860 level. Somehow expected at first, then i didn´t think it willl happen, but finally it did.
Anyway, the bullish structure has not been broken and only a hard drop tomorrow or the next day will do it.
If not.
- Visit 1840-1860$ gold and a double top in GDXJ at 48$
- Move higher to 191x in gold and GDXJ at 52$ and closing gap from June.
Once any of those happens (if they do), correction will follow.
But i do believe that a leg u in GDXJ is pending now before any drop.
Anyway, the bullish structure has not been broken and only a hard drop tomorrow or the next day will do it.
If not.
- Visit 1840-1860$ gold and a double top in GDXJ at 48$
- Move higher to 191x in gold and GDXJ at 52$ and closing gap from June.
Once any of those happens (if they do), correction will follow.
But i do believe that a leg u in GDXJ is pending now before any drop.
Order cancelled:
could go down as fast as it did in May.
exit
exit
Trade active:
Shorting
It will fill the gap at 44,88$ and go down
It will fill the gap at 44,88$ and go down
Trade closed: target reached:
Just to close this chart
I exit today my short position and enter a long JNUG for a short time.
Still things are bearish in mid time and ling time frame
I exit today my short position and enter a long JNUG for a short time.
Still things are bearish in mid time and ling time frame
