Falling wedge breakout! With Gold at all time highs why are the miners on sale? Opportunity knocks…
With shiny rocks breaking out (hopefully for real this time), the gold miner IAG looks poised for some serious upside. I've bought shares over the last few days and have built a sizable long. The stock trades kind of funky and has had a tough time breaking free from this tight consolidation recently. Today appears to be confirmation if it can hold.
1. above 20 ema 2. possible ema cross 3. heading to ceiling
Gold and Silver have been holding strong, but weakness suggests another move down before support. As for metal miners, could there be a better set-up possible? Most all of them are sitting near historical lows looking to bottom out on the weekly RSI. I posted in July, 2022 that gold would move sideways until 2024, and then, blast-off. Think we're close....
Iamgold running flat correction into time and price target zone with upwards reaction . Looks very bullish here .
Entry on ..$2.56 Stop on red line , Targets are green... Play it small if you are beginner.
with gold price higher today due to declining treasury yield ( as market anticipate less hawkish Interest Rate policy), there are several opportunities with gold miners. I personally prefer AUY but due to recent mergers and corporate structure changes I don't want to take chances. IAG is less profitable but adjusted gold prices the valuation would be different and...
Bullish Momentum: IMG established a double top and then retraced around 0.38 levels on Fibs. And bounced back beautifully. And maintaining its upward channel.
djvbksjvblsdfvbsdljvbdsljvbsdljvhbsdkjvhbdsfvjkhdsbvjkhd djhvbdsjhvbsdjkhvbsdjv Trade responsibly
Bullish Bat STRONG POTENTIAL REVERSAL Zone Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT POTENTIAL BUY
IAG weekly coming out of demand zone possible pivot point here . Recaptured 21 EMA for now, went long commons. Trailing -%10 , set it and forget it . Bullish MACD cross and QQE buy signals for technical indicator confluence.
Weekly Support Line Entry 2.54 Stop 2.3 Target 4 Risk management is much more important than a good entry point. The max Risk of each plan should be less than 1% of an account. I am not a PRO trader. I trade option to test my trading plan with small cost.
Iamgold Corporation is a Canadian company that owns and operates gold mines in Burkina Faso, Suriname and Canada. Headquartered in Toronto, the company was founded in 1990 and went public on the Toronto Stock Exchange in 1996 with additional shares being listed on the New York Stock Exchange beginning in 2005 IAMGOLD is a mid-tier gold mining company operating...
SUMMARY: IAMGOLD is a mid-tier gold mining company operating in three regions globally: North America, South America and West Africa. Within these regions the Company is developing high potential mining districts that encompass operating mines, construction, development, and exploration projects. SWING TRADE: Entry 'long' @ US$ 3.30 Price action has completed...
$IAG Target 4.29 for 22.22% Or next add level is at 2.73 $IAG price moved above its 50-day Moving Average. Bullish reversal is more likely... but anything can happen. Gold is quite oversold. — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every...
Canadian based gold miner..... Larger trend corrective bear ended July 2015 Intermediate (1) finish Sept 2017 while its wave (2) ended early March of 2020. Minor 1 looks to have peaked August 2020 although minor 1 could be a fake out B wave as price hit 78.6 retracement of intermediate (1) Great risk/reward SL: 1 Entry: 3, 2.40 ...