TODAY I SHARED MY VIEW ABOUT GOLD BUT I MISSED SOMETHING IMPORTANT AND I OPENED A SHORT TOO EARLY, RIGHT NOW I CLOSED MY SHORT, AND I WILL GO SHORT AGAIN ONCE WE MANAGE TO HIT THE 200DSMA AROUND 1852$ WITH THE TARGET OF 1800$. I am still bullish on gold but I think we need some more boost from the downside! Next week we may have an amazing profit taking for this...
In some ways I feel this is a conservative estimate, and on the other hand it could get caught up on a lot of resistance on the way there. Nevertheless, gold has recently made a clear breakout of it's multi-month consolidation period (red lines), aka bear flag that started a few years ago. If this is the case, it is likely to continue a similar uptrend (green...
GEORGE TOWN, CAYMAN ISLANDS – May 4, 2021 – Vox Royalty Corp. (TSXV: VOX) (“Vox” or the “Company”) is pleased to announce that the Company has realized record preliminary revenue of C$668,600 (US$540,000) (1) for the three-month period ended March 31, 2021. All preliminary revenues were derived from royalties, not streams, as such, the cash operating margin(1) was...
#STOCK PICKS CASTLE BIOSCIENCES & #UPLD
Long term fib sequence pointing to higher silver, specifically 37.65 for a 100% move, probably have some pullback there before heading to 47.50+ later this summer
Looking at the silver chart we observe a bull flag forming. It would have been best if it only corrected 50% of the recent trading range - making a perfect bullish pattern, however it is still moderately bullish. I mentioned yesterday that this week 26.3 is the target - we have already seen 26.6 - roughly a percent off the target. We could still see 26.3 tomorrow...
bullish overall. But its a falling knife right now and need to see some more strength over 27.5 and 5 waves up not financial advice
Gold going downnnnnn... revisiting 1800. What's it gonna do when it comes for 1800?
-LOG chart- (the parallel TL's seem too perfect to ignore) (check for yourself) -take from my chart what you will -is this a rounding bottom after a divergence of rsi and macd within the down channel.
-Divergence of RSI MACD STOCH against the general downward trend, similar to late 2018, -lows holding, highs descending between 32%and50% RT -similar to 2018, same as gdx -ONE dirty dirty DIRTY heart crushing gap from the Spring rebound (not on chart) I'm like NASCAR, left turns only please.
This is a fascinating insight into Gold. My best TA video so far. Why I am very bearish on gold? There's a litany of reasons in this video. I am adding another Gold video as this one uploads to demonstrate how important the 21 week exponential moving average has been. This is incredible!! The March covid19 sell off dissected and lessons learned for next time!
Silver is like that sleeping giant that is just beginning to awaken. This is one of the possible paths silver can take. Look for silver to be one of the top performers in 2021 and beyond.
Silver appears to be nearing the end of wave 2 (correction) and wave three to begin there after. I think we could see a dip in the price down to $20.55 before rebounding sharply. If momentum is sustained look for it to touch $41 Silver could be the number #1 performing asset of 2021. In the larger scale we have the completion of a cup and handle formation that...
Huge Cup-n-handle Sept-19 to today. Long uptrend, positive insider over a year, plus, its Gold, other metals in stable Canadian region!! Watch this soar when the govt prints more monopoly money.
Today, we're looking at SILVER. Silver, along with Gold are in the early stages of a multi year bull market rally. Looking at the daily, we could see a break out and the start of Wave 3 before the the end of September but could be delayed a week. In the longer scale, going back to the late 1970s, we have the biggest cup and handle formation I've ever seen....
Platinum will be under the spotlight in the coming months. Starting to outperform after long years of underperformance.
I expect Gold to make a good move here soon, with the current bollinger band compression we could see a good break to either direction. Watch the RSI and momentum indicators for a signal, I have alerts set on both lines for this play, just sit and wait.