Gold should be bullish for a whileWith the Fed's quarter-percent rate cut, gold should move upward for the near future. The move likely won't last, because further rate cuts are not expected this year, but it should be good for a short-to-medium-term trade. To sustain its upward move, gold needs to get above the high-volume support node at $68. I will buy a bar close above this level. I've also got buy orders around 59.10, 60.60, and 63.50, in case we see downward oscillation to those support levels. Remember, gold moves opposite the dollar, and a major objective of the Fed's rate policy this year is to weaken the dollar. Assuming the Fed's tactics are successful, that should strengthen gold.Longby ChristopherCarrollSmith13
JNUG - 34 Week Next Move to 204 SMA @ $125/shareJNUG - 34 Week Next Move to 204 SMA @ $125/shareLongby markettimer777115
JNUG Bullish Gartley $62 entry $136 targetJNUG is near the PCZ of a bullish Gartley. Possible entry for a long position.Longby OneTrueSlothUpdated 9
Possible Head and Shoulders in JNUGPosting this to give you all a alternative perspective from a stock. You can see the bearish pattern forming and should trade off it by textbook rules.by HOOPFOOD3
Gold 3x (JNUG) -- A Chart of Sheer BeautyThis chart is an illustration of sheer beauty and an illustration of the power when all key harmonics come together. Those of you who follow me by now probably notice that I do not post all the time. I am a swing trader, who prioritizes high probability trades that are in line with its natural cycles, but also emphasizing the equality of price and time as a universal measure. You may be thinking this chart is nothing of value, due to the fact I have arrows pointing in both directions. Well it is true, that the open on Monday August 19th is a key turning point for gold, in either direction, and the chart doesnt make which clear. I believe the low in the market will occur this coming Monday and the market will take a bull trend up testing the all time highs until september. But until the chart concurs and we get a signal reversal bar with higher bottoms, I will not speculate at this time. For gold, Monday/Tuesday could be a major turning point in either direction--and the indicators are confused as well.. Explaining the chart: -The box with blue and orange is my support targets with the lowest support target being reached (support drawn using the secret angle method) -Price is hanging on the upper andrews pitchfork, and appears to make a bounce or break through the larger pitchfork. -Price is at a .618 fib retracement -Price is making a perfect measured move to the downside (see green trendline) -Price is meeting its 55th bar (a fibonacci number which is a common turning point) -Vertical lines are Gann timing analysis of the square the range (note how well past verticals worked when squaring the range) -Note the arc acting as support (using equality of price and time) -Price is at an extreme of the SMA (usually a good turning point and another way to test for measured moves) Thanks for following and more to come. Happy trading! AMEX:JNUG TVC:GOLDby moglander0419445
JNUG ripping through 34 Month SMA, very powerful statement!!!JNUG ripping through 34 Month SMA, very powerful statement!!!Longby markettimer777110
JNUG: Tip-Toeing to 350 by 2020; Over 600 by Q4 2020For many reasons I have explained clearly in my several Gold posts, Gold is expected to soar through Q4 2019 and well into 2020 and possibly 2021 as well. As we gear up for a long and long awaited bull run for Gold as a result of a strong 6 year base of an almost nothing-burger in Gold, be prepared! One thing that is important, is that Gold will inevitably rise, but there will always be retracements. Before we get to 1500, the retracements will be stronger than once we top 1500. However, it is important not to make any major sell moves unless the movement lingers for at-least two trading sessions; never panic sell. I expect JNUG to reach 350 no later than January 1 2020. Of course, not in a straight line as depicted, but as close to one as physically possible. I also expect JNUG to reach 600 and beyond before 2021. Any entry on JNUG below 90.00 is not just excellent long position - its an epic one. Don't miss the boat - buy now and hold! - zSplitLongby PaulDeep19131Updated 998
Jaw Hitting Floor on Play of a Lifetime Correctly Played... WOW!Jaw Hitting Floor on Play of a Lifetime Correctly Played... WOW!Longby markettimer777445
JNUG 2016 run from $50 to $500...Just watch run in next 2 years!JNUG 2016 run from $50 to $500...Just watch run in next 2 years!Longby markettimer7772
JNUG New High -Don't tire of hearing it... Portfolio Value SoarsJNUG New High -Don't tire of hearing it... Portfolio Value SoarsLongby markettimer7771
JNUG's 34 cross' over 340 - 1st time since April 2016 - BULLISHJNUG's 34 cross' over 340 - 1st time since April 2016 - BULLISHLongby markettimer777114
JNUG new high for 2019... You saw my "BIG BUY" at the bottom!!!JNUG new high for 2019... You saw my "BIG BUY" at the bottom!!!Longby markettimer7775