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Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the...
Royal Gold (RGLD), a precious metal streaming company, is positioned for continued growth, expecting increased annual revenue.
Factors contributing to this growth include higher gold production at the Cortez Legacy Zone, acquisitions of new Cortez royalties, and elevated prices of gold, silver, and copper. RGLD is projected to achieve a robust 30.2% growth in...
Royal Gold has bounced off strong long term support at the $88 level. In addition we have broken the downtrend line (DT) which has held price down since June, as well as breaking above the horizontal resistance level at 95.70. Some very important technical levels broken and respected here and I would hope to see this move to the resistance area just under the 200...
Royal Gold Inc. is now positioned for the holy grail of bullish baggers. The bags on this trade are so big that I had to steal a pot from some greedy leprechaun in order to fit all the potential gains in one location. For a visual perspective of the potential gainz on this trade, see the upper-right-hand part of the chart for the 'Pig Pot'.
I also sometimes keep...
Royal Gold is one of my favorite gold stocks. Ive owned a lot of it... for a long time...lol
I may be crazy posting this at such a high price... if it drops, i dont care. Ill buy more.
Enjoy the ride.
The relationship between gold and inflation is particularly important. In times of high inflation, in fact, a significant increase in gold prices is usually observed, but this correlation is not always valid and not for all inflation values. In any case, however, gold represents a good defense in inflationary periods, since, in the face of a decrease in the...
One rule I have long "invested" by is to buy a stock when it is at or below its 40 month moving average. The 40 month is arbitrary, double the 20 month which is commonly used in Bollinger Band work. Nonetheless, the concept is that the long term average moves at glacial speed. Thus it will continue to rise over time until a definite trend change takes place...
As stated in the video...Enjoy....Dont miss this opportunity...everyone is bearish gold...thats when you make the move...not when everyone wants it..sell crypto...Sell tech...buy gold related investments...Now is time to get your holdings for a discount...
Someone asked me if I was bullish on this..So I looked again..and saw the inverse head and shoulder pattern...
This one went down with a vengeance...volatilility noted by long wicks and tails on the candles..it does appear to be fighting though..
Falling wedges at the bottom of a downtrend can be bullish when price breaks up and out..
There is a bullish...
Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Demand Zone below Sideway Consolidation
Entry 109
Stop 104
target 140
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
