VAU has been trading in a range and has formed a rising wedge pattern as shown by the trend lines I have drawn. Resistance level is clearly defined with 3 tops and the lower band is not as clear but take a punt on the support level holding.
Gold miners have sold off in the last months while gold has gone sideways. Gold Silver ratio showing a breakout is imminent and the bank shares look overstretched. More loans need to be taken out therefore more migrants are required to take out loans.
Loans for speculation always leads to the same result. This Mississippi bubble will dwarf the one in France.
Gold miners have sold off in the last months while gold has gone sideways. Gold Silver ratio showing a breakout is imminent and the bank shares look overstretched. More loans need to be taken out therefore more migrants are required to take out loans.
Loans for speculation always leads to the same result. This Mississippi bubble will dwarf the one in France.
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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.