Get started
CFDs on Gold (US$ / OZ)
Short
Updated

More Pain Coming To Gold and Mining Stocks

396
Beware!XAUUSDGOLDJNUGGDXJ

Recent confirmation of neckline on daily head and shoulders pattern indicating significant drop in gold is imminent.

A breach of this neckline will invalidate the pattern and the sell opportunity.


Sell gold here Target price to 1215

Trade active
Likely to find a small bounce at the 1255-57 levels. At TP of 1215 it will be time to start buying the real stuff again. Afraid this DXY ship will be sinking shortly after. .
.
Trade active
Trade active
UnknownUnicorn3523782
Chart PatternsGDXJGoldgoldanalysisgoldshortgoldtradinggoldusdHead and ShouldersJNUGNUGT

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsGDXJGoldgoldanalysisgoldshortgoldtradinggoldusdHead and ShouldersJNUGNUGT
UnknownUnicorn3523782

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.