$XME Metals and Mining ETF Above 21 ema 8 ema 20 MA 200 MA MACD turned up SQZMOM turned green today. #swingtrading #commodities #mining
Selling in LSE:FXPO ended on Monday and since then, buyers started to pile on moderately. In case of continues recovery above 163 GBp, potentially we could see a gap closure at 170 GBp.
Descending volume of selling hands; this bullish pattern shows indecision. Will go up.
I can see a move into the 6-8p range here on the break of the bull flag. Be aware that this is a low free float stock and is listed on AIM and NEX.
Breakout and hold over 200dma looks bullish. Stop below 38 on a daily close.
This chart tracks Goldcorp's stock price in real-time.
see notes first below-follow junior rules-percent r upper range-obv good-aroon crossed-stoc crossed
Maybe this will work on an inverted right shoulder to complete the inverted H&S pattern. Will need to get back over 7.00 after consolidation for breakout area.
Looking at the current confluence on the chart, it looks to me like we won't come out of the current down move until mid April. This being said, I suspect that we could see a bounce from the bottom diagonal and thus I would be a buyer pre-April if we saw a drop to that diagonal (currently ~ 14p).
see below-stoc crossed at middle-percentr cci near top money flow at top
LONG That's my opinion of the current XAUUSD market. I'm looking for increased action in the junior resource space next week after Labour Day.
Weekly chart of Almadex this week after discovery in Mexico. Almadex Discovers Gold-Rich Porphyry System at Norte Target, El Cobre Project, Mexico
A short term downtrend has been broken and there are several indications to buy. Volume has been increasing, MACD is showing it is about to cross, Stoch RSI is showing that the stock is not trading at an overbought level, and it is trading just above the 20 Day Moving Average which has been acting as a line of support/value for the past few months. Also with the...
All indicates Primary Wave 3 is in its early stages for VALE5
NEM is one of the darlings of gold mining stocks, it has seen a phenomenal run-up, but I expect a retracement soon. Tighten stops if you are long, new would-be buyers should wait for a better entry.
SQM is claimed to be the efficient chemical mining leader in its group. Lithium demand and prices, as well as output along with the stock is expected to increase. SQM financial is weak relative to prior performance, but current levels are holding up and is expected to improve. Lithium competition: ALB, FMC, ASH, POL, TLH, LIT, GXY, LAC, ORE, CLQ, and WLC