Goldmining Inc is tracing out a bullish pennant after a move up following completion of the ABC major that began in 2016 . This huge corrective move is typical of many mining shares and is the main reason i am so bullish on the sector as i believe this pattern to be a massive W2 major . If this is correct the W3 that is soon to follow will be in the melt your face...
This is a new position for me and I don't study Gold so you tell me lol
TLDR: I'm bullish on GLDG and going long for a swing. Entered twice since last month to build a position before the BRICS summit later in August. I've been following and studying gold for the past few months, and I like Goldmining Inc's (NYSE: AMEX:GLDG ) projects and vision for the industry. The company also recently had a successful Nasdaq IPO ( NASDAQ:USGO...
Way overbought, overvalued. I don't mess with penny stocks or pink sheet garbage this is a definite SELL the pump n dump
According to technical analysis, gold and silver stocks appear to be preparing for medium-term growth.
Sampling has been completed on the initial 14 holes in phase 1 (see Figure 1) More than 1,000 samples have been collected and are in varying stages of being shipped and processed by the assay lab Results reported are from available assays for the first 2 holes Hole SJD-058-06 includes previously unsampled intervals (see Figure 2 and Table 1): Hole SJD-058-06...
Possible dopple bottom on good support with positive divergence on daily and weekly charts.
Higher hi's. Retraced .618. $10 in 2022.
Hello fellow traders, Today we are looking at the daily timeframe for GOLDMINING INC (GOLD) on the TSX. As we can see, GOLD peaked around $3.85. It has since corrected, printing a double bottom at previous resistance, in between the 50/100 EMAs (yellow/pink). Prices have broken and are now trading above all EMAs. The RSI has increasing fast, and the MACD has...
I think the price will fluctuate between 3 and 4 cad dollars the next months. just boring consolidation at this point. when gold starts moving in about 2 months and finishes the year at 2100 this stock will go to 5-6 cad dollars. if gold cant manage to hold the supportline from march this stock will plunge down under 2 cad dollar. its about 60-40 in favor bull
fomc fed meeting today so gold may pop up. Lots of set ups like this.
Caution. I like the run but if you have stops to set, protect your profits
Nice recovery for @GoldMiningInc $GOLD.tsx with some predictably higher vol. Hit resistance at the 23.6 fib and upper channel, but trending up. A close above 1.33 should set up a run to 1.71 #gold $GC $GLD $GDX $GDXJ