GDX
GDX and probably GXC rising to the occasionThe GDX was in close watch and it is time... Technicals are favourable for a bull run, and so is the broad equity market. Also had broken out of the Buy Zone!
GXC the China ETF is just about ripe based on technicals. Similarly, broad equity market drift should hold in supportm and the immediate gap should be closed for a run up.
GDXJ SUPPORT LONG I see support with an old 9 day Demark Count Look Left we are at day 9 of a downward trend. We are at the bottom of a Boillinger Band on the daily. We are at the mid line of a LR on the daily with Stochastic bottomed out. Gold hit bottom of daily Range . I hope Im right. 7 percent in the next week. Thank you if you actually read this. Please comment. Oh we are at the end of a GANN cycle for a while in Consolidation
GDX Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
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START BELIEVING AND GOOD LUCK
HADIMOZAYAN
Double Bottom on the Gold:SPX RatioThe Gold:SPX ratio has but in a double bottom on the monthly chart, indicating a likely short-term top in the US equities market and/or a re-test of the August 2020 highs for gold. If there is a broader market sell-off and deleveraging that brings all assets down a bit, that would be an excellent and extremely low-risk time to load up on quality gold and silver mining companies in safer jurisdictions.
GDX Going Long From Strong Support Levels Chart looks great, planning to enter calls expiring about a month out and trade into the resistance line, think there is more consolidation ahead before we see a strong enough uptrend to break that resistance. I Like The support level we are holding, good upside and holding a tight stop loss if it breaks under $30 to the downside.
Silver analysis Elliot wave count short term Traders,
I expect prices to push lower below $22 in the next few days. We are currently working wave 4 (Triangle pattern) I will enter short once price breaks below BD line, I expect some volatility on silver and Gold as well
Please like and share your analysis
good luck
Vox Royalty Q2 ResultsTORONTO, CANADA – August 16, 2021 – Vox Royalty Corp. (TSXV: VOX) (OTCQX: VOXCF) (“Vox” or the “Company”) is pleased to announce its operating and financial results for the second quarter ended June 30, 2021. All amounts are in U.S. dollars unless otherwise indicated.
Kyle Floyd, Chief Executive Officer stated: “The second quarter of 2021 saw record royalty revenues, record net incomes and unprecedented organic growth for Vox. Management’s confidence in the underlying performance of the Vox royalty portfolio was demonstrated in our doubling of 2021 annual revenue guidance to C$4M – C$5M. This quarter saw exceptional organic growth in our portfolio, further strengthened by first gold pour from our Segilola royalty asset on July 30. We are also excited to grow our strategic partnership with Electric Royalties Ltd. (TSXV: ELEC), following the completion of our initial graphite royalty transaction. Vox shareholders can look forward to a catalyst-rich second half of 2021, with construction activity at multiple royalty assets, the release of multiple engineering studies and over 80,000m partner-funded drilling expected."
Second Quarter 2021 Highlights
• Record revenue of $1,314,030 reported for the quarter, with inaugural revenues received from the Janet Ivy royalty;
• Record net income of $2,057,694 for the quarter;
• Increased production stage royalty asset count from one asset at May 2020 listing to five assets by end of the quarter;
• Strong balance sheet position at period end, including cash on hand of $5,308,977, working capital of $8,684,985 and total assets of $30,161,290;
• Executed binding documents for a strategic partnership with Electric Royalties Limited (TSX-V: ELEC) and divested two non-core graphite royalties;
• Completed four royalty transactions to acquire an additional seven royalties, including the rancher royalty at Gold Standard Ventures (TSX-V: GSV) South Railroad project, reaching a total critical mass of over 50 royalties and streams;
• Subsequent to June 30, 2021:
o Announced record revenue in Q2 2021 and increased 2021 revenue guidance by +100% on July 27, 2021;
o Increased producing royalty count to 5 assets following first gold pour at the Segilola Gold Mine, as reported by Thor Explorations Ltd on July 30, 2021; and
o Commenced trading on OTCQX on August 10, 2021
STRIKEPOINT GOLD INC. Swing Trade PositionSUMMARY
Technical Analysis: I am long the stock because I see price action has completed a corrective ABC pattern on the daily Chart. From here price action could develop a bullish counter trend.
Fundamentals: The company has commenced drilling at their High-grade Willoughby property. The Company is cashed up and IF! they hit bigly then share price pushes higher.
I do not share in your gains nor in your losses. Do your own due diligence. Trade safe, be well.
Visit their webpage and look through their corporate presentation - www.strikepointgold.com