Monster pullback in motion on weekly time frame. Notice how the pullback to breakout support is conversion with 200 week MA. Watch the daily 20 MA for pullback entry trigger. This is probably one of the better gold pullback plays i was able to find.
Bullish setup. Looks ready to go higher. Entered 5.51 CAD
Looking for daily close above strong horizontal resistance at 4.00.
IMG was getting ready to pop before the interruption today. Repeated attempts to get to one year high (blue line). They also have a lot of cash right now.
NYSE:IAG 😊Please LIKE & FOLLOW for more VIP Hunters signals , penny stocks FDA date of approval - 18th of April Our Strategy with this Stock : We have here a GOLD ETF , which means you are buying stuck in multiple companies in the same time the chart shows a promising constant run up for the ETF , so here we can only use our RSI to look for great...
Based off our history we have a nice wedge pattern being developed on the 2 week. Our main Resistance is 3.88 - 4$ Break that and we should move north out of Resistance. No telling how high it would want to go. We do have have a potential higher low on the bottoms. If we broke out I think we would see a nice size push. Could be developing one massive cup...
Danger zone on IAG
Discussed that NYSE:IAG may have bottomed two weeks ago. And price action in last two days on very heavy volume supports the fact that it really did. Now it is approaching resistance zone and neckline of inverse H&S. Might rest for a while, but when resistance is cleared, nothing should stop the rally later on.
Few weeks ago I mentioned that NYSE:IAG is in good area to make a bottom, and based on recent price action, good odds that bottom is already in (for bullish case to be valid). Major potential inverted H&S in the making and should not really go below 2.70$, where I am also placing my stop
Miners have potential to be one of top players this year, and today I am looking at chart of NYSE:IAG . Stock reached perfect targets within wave 2 corrrection based on fibo levels, and price also created bullish engulfing candle yesterday . At the same time, price may also be forming bottom within right shoulder in inverted H&S. Looks promising for low risk entry buy
Nice little bounce here in Gold & Gold Miners. Many Gold Miners did NOT make new lows when Gold crashed over the last few days. In fact they look bullish. Here's one showing a nice consolidation. IAG did not follow Gold up in September, but has instead built a larger inverse H&S pattern. So if Gold's bull is going this offers a good risk/reward here, with...
Cerró en 3.96, con un +5.3% contra la resistencia clara en los 4. La vela de ayer completa dos figuras chartistas a punto de definir, una W si pasa esta zona, con objetivo en los 4.75 aproximadamente y una bandera, con un extenso mástil iniciado en los 2.30 aproximadamente, que llevaría al papel a un movimiento alcista muy interesante en caso de confirmarse y...