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GG

There is no downside After New Mexico purchase and current PM market movement, there is no downside here. Possibly some pressure from paper being unloaded onto the market but I have to assume that the share price + gold momentum will move the cheap stuff quickly and the impact will be minimal. The greater question is....who is going to buy it. BTO said no thanks less than a year ago. Since then they hit the mainline in Galaxy and have added the depth of a silver mine. Do they continue to go it alone? Do they partner up with a major? Will they become that medium player that bring 4-5baggers? Time will tell....for now I have all confidence that they are positioned well to take advantage of todays market
TSXV:GGLong
by Honkytime
GG....waiting for some guidance from goldIn a series of ascending wedges...green line represents the long average. I think we hit the end of the current triangle and with no gold news, continue in this .225 - .27 range. If gold gains some traction, along with the recent deal with backing from Palisades (that the market seems to have mixed feelings about), we could see GG pushing back into the .32 range. Working towards the recent highs will still take some work. I think the market went crazy for a minute with a bunch of sky is falling short term investors. This is the cooling period, shake out the stupid money that thought they were going to be millionaires based on a reddit post and then get back to realistic long growth.
TSXV:GGLong
by Honkytime
BTC <$6K By Sunday?Welcome back to another short-term analysis of Bitcoin! It appears that my area of consolidation marked by the orange rectangle has had Bitcoin hovering around it while we wait to see what happens. A bear flag has formed that looks to have a downside target of my yellow resistance/support line (~$6100). It will be interesting to see how this plays out in the short term because the green uptrend line has been a massive support for Bitcoin for a long time. If this green line is not able to hold until Saturday evening there is a chance that Bitcoin will be seeing under $6000 by the end of this weekend. If the green line does not hold I think that shorting would not be a bad option until it hits $6000. *Remember, I am not a financial adviser and anything that you do is at your own discretion. I am merely giving you my analysis along with my strategy* Thank you for reading and best of luck trading!
BITFINEX:BTCUSDShort
by TheCryptobaught
4
NEM Daily butterfly pattern and 40 fig combination.Gold price has rallied from 1200 to 1320 within 2 months, while at the same time there were a little different story in the gold miners. NEM showed the best relative strength to rally about 25% in the same time period ; GG was the lagger that only rose for less than 10%. I also expect there might be a little bit catch-up play among the gold miners. The North Korea news happened just now may lead to a gap for gold price on Monday, and probably so as these gold miners. I WON'T turn bearish until I see any clear reversal sign, but if there is one, it might still be a good trading opportunity. 43 is the best SL as it's the gap, fig, and 1.618 extension, while if the reversal sign is strong enough, I don't mind to use it as my out to make it easier getting my 1:1 1st kick.
NYSE:NEMShort
by Trader_Joe_Lee