GDXJ The LONG case
Updated
We are still at the early stages of a long term bull market
LONG now between 50 and 44 it's a good call long term and still get 200% and counting.
A drop in gold and the miners is still possible. Falling below 43 opens the doors below. Then a retest off the blue line makes sense.
LONG between 36 and 30.
Now if it falls further below it, be ready to empty your wallets and pick up at bargain price. It will rebound because we are in a long term bull market. These dips should be heavily bought. If it falls below 30 we are in luck, but short term pain.
The 200 weekly MA will be around 40
Weekly and daily MACD & RSI will be low.
Currently trading below 200 daily MA
GL & happy trading
LONG now between 50 and 44 it's a good call long term and still get 200% and counting.
A drop in gold and the miners is still possible. Falling below 43 opens the doors below. Then a retest off the blue line makes sense.
LONG between 36 and 30.
Now if it falls further below it, be ready to empty your wallets and pick up at bargain price. It will rebound because we are in a long term bull market. These dips should be heavily bought. If it falls below 30 we are in luck, but short term pain.
The 200 weekly MA will be around 40
Weekly and daily MACD & RSI will be low.
Currently trading below 200 daily MA
GL & happy trading
Trade active
It nearly touched the box and found early resitence with the blue uptrend.Altough not in the exact buy zone, attractive price to get a first batch!
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