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Goldminers

As the storm hits, can gold go all the way up?Over the next two weeks, there will be many data releases that could significantly impact the price of gold. It is important to be prepared before the storm hits and to seize opportunities as they arise. A strategic approach is necessary, avoiding confusion. The market will be focusing on Federal Reserve Chairman Powell's testimony before the US Senate, along with the release of the US employment report (March 10) and inflation report (March 14). The challenge of a higher-than-expected inflation figure will be increasingly difficult to tackle, and this reaction effect is crucial for the gold market. With big data on the way, are you prepared? If you don't have time to keep an eye on the market, click the rocket button. Let's go together for next week's chance.
OANDA:XAUUSDLong
by StarVenus-
keeping up is counting moneySuccess will not come to your door automatically, and happiness will not come to a person automatically. All the good things in this world need to be actively fought for. As long as you are sure of your abilities, why not recommend yourself? $$$$$$$$$$$$$$$ Today's strategy is to hold onto 1830 and continue, choosing appropriate entry points for long positions. Due to variations in individual entry points, specific operations will differ accordingly. For any unclear areas, please follow the message board and targeted advice will be given. Sincere wishes for all to profit. Technical Analysis: With oscillating momentum, we wait for a breakthrough! Therefore, today's operations are relatively straightforward! If there is a small retracement above the support level of 1830 in the morning, we can directly enter a long position! Breaking yesterday's high point will further rise to the 1850 resistance zone, with the short-term resistance above still unable to break through despite repeated testing last week! This zone is still our short-term target for bullish long positions and a range of oscillating resistance that we need to pay attention to! Once broken, we can further rise to the 1880 line! The market is constantly changing, so we must keep up with flexible judgment and respond in a timely manner. Keep sufficient patience in the elliptical oscillation zone. Keeping up with the rhythm is counting money, look at the recent strategy and graphics, and you will know how accurate my prediction is! Seize the opportunity and make money is as simple as that
FXOPEN:XAUUSDLong
by StarVenus-
2
Gold 1830 is more direct, the US market is bullish The current price of gold is 1830, directly do more, the bull trend, carry the bull to the end, don't say much, just do it directly Gold has not fallen for a long time, and the bottom is supported by a double bottom. It is bullish again, and it is still bullish. The US market will continue to go long! Floating with the trend, chaotic against the trend Do it when the trend comes, don't go against it Gold is more than 1830, stop loss 1822, target 1845-1850 I hope my friends can make a profit and grasp every wave of bull market. I will insist on sharing my strategy every day. I hope my friends can communicate with me more OANDA:XAUUSD
OANDA:XAUUSDLong
by Crazylambboy
Gold is under short-term pressure and may usher in a wave of adj Gold continued to rise yesterday, and it is now approaching the high point area of the previous platform. If it cannot break through quickly here, it will fall into the consolidation stage again in the short term. Therefore, today we mainly look at the trend of shocks and pullbacks from high levels. For gold operation, it is recommended to sell at 1840, risk control at 1844, and the target is 1830~1825. If it does not rebound, it will fall directly to around 1829, and do a long short-term. Gold sees adjustments for several reasons: 1. Gold has entered the pressure zone formed by the golden section of the previous high point, and there may be a downward trend if it is under pressure. 2. The intraday pressure is 1844~1847, and the support is 1830~1825. My friends are welcome to discuss in depth and leave your valuable suggestions. I will give my analysis and suggestions every day. COMEX:GC1!
FOREXCOM:XAUUSDLong
by Crazylambboy
Assets are worth 2x the market cap (holds 46.7M shares of NFG)PALI market cap is $125M. Holds 46.7M shares of NFG, currently worth $230M + other assets. ----------------------------------------------------------------------------------------------- PALISADES ANNOUNCES HIGH-GRADE GOLD ZONE DISCOVERY BY NEW FOUND GOLD, INTERCEPTING 72.2 G/T AU OVER 9.65M VANCOUVER, BC, March 1, 2023 /CNW/ - Palisades Goldcorp Ltd. (TSXV: PALI) ("Palisades" or the "Company") today announced that New Found Gold Corp. ("New Found"), a significant equity investee of Palisades within the meaning of applicable Canadian securities legislation, has announced the discovery of Iceberg, a high-grade zone located 300m northeast of Keats Main along the highly prospective Appleton Fault Zone ("AFZ"). New Found's 100%-owned Queensway project comprises a 1,650km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador.
TSXV:PALILong
by wealth_bakery
GDX Technical Support Outlined...Here we are looking at GDX on the Daily TF… This analysis will be fairly brief, as the chart is crystal clear as of right now. Here you can see that GDX has retraced since its most recent uptrend which began in November of 2022. Currently, I am expect GDX to bounce off of the strong technical support as marked by the horizontal line (yellow). This outlined support line hasn’t been re-tested since its break out from it (as previous resistance) which led to its run up as previously mentioned. Now, we can expect GDX to attempt to bounce from this line, and turn this previous resistance into newfound support. 
It’s as simple as that… Let me know what you think BTC is going to do next in the comments! Cheers!!
AMEX:GDXLong
by GarethSolowayOfficial
10
Strong assays; Falling Wedge breakout; bullish GoldEndurance Reports Results at Southeast Eagle - 139.9m of 3.05gpt Au including 12.9m of 12.85gpt Au & 11.8m of 6.21gpt Au Vancouver, British Columbia--(Newsfile Corp. - January 12, 2023) - Endurance Gold Corporation (TSXV: EDG) (OTC Pink: ENDGF) (FSE: 3EG) (the "Company") is pleased to report assay results from the 2022 diamond drilling program at its Reliance Gold Property (the "Property") in southern British Columbia. The road accessible property is located 4 kilometres ("km") east of the village of Gold Bridge, and 10 km north of the historic Bralorne-Pioneer Gold Mining Camp which has produced over 4 million ounces of gold. During the 2022 field season, the Company completed thirty-eight (38) diamond drill holes for 8,274 metres ("m") and thirty-three (33) reverse-circulation drill holes for 2,455 m.
TSXV:EDGLong
by wealth_bakery
GDX coiling againIt has been a while since it would be even worth to look into GDX, and I think it is about time... still early, but good to plan ahead and see if it is working out as projected. GDX (Gold miners) mounted a good recovery but stalled on a trend line and retracement is likely to see 27, else 25. The technical indicators (MACD and VolDiv) are turning bullish, but not just ripe yet. Expecting a higher low about 25-27 (red ellipse is the optimistic target; also the 62% retracement level) in early to mid January 2023. Bouncing off the 23-week EMA would be a good indicator that the projection is in line. So... being optimistic for a comeback, but until the pullback is apparent, sitting on my hands first. Happy Boxing Day!
AMEX:GDX
by Auguraltrader
Barrick Gold - a Steal at This LevelSome years ago, I was in between putting a big position on in SLV or GOLD (formerly ABX) at the $17 level. Both were equally priced. Barrick far outpaced SLV into the forthcoming rally and I regretted not buying it at $17. At $14 - 15 this week, I opened a long position. One thing I read and liked is that future Barrick dividends will include participatory profits. I hope the "profit sharing" concept (also in PXD) catches on. GOLD will rise as dividends increase.
NYSE:GOLDLong
by AssetDesign
GDX - Going Down Xtrenuously (pun intended)The gold miners ETF, GDX, just points to a very very rough time. With the interest rates escalating rapidly, the USD rising swiftly, the equity markets weakening, and gold prices crumbling... it is a perfect storm for GDX thrashing. The weekly chart had a tombstone doji the previous week as it failed the Hull EHMA, and the past week confirmed the trend reversal down. The weekly technical indicators are weak and bearish looking so not much to go on here. The daily chart shows a recent breakdown from a failed 55EMA test. and on Friday, ended with a bearish marubozu, closing near the weekly low. The technical indicators are significantly suggestive... the MACD had actually wasted a long bullish divergence and failed to mount a very decent rally. This failure would have a doubling opposing effect, and the daily MACD has actually crossed down into the bear territory. Taken together, projections set a downside target of 17, about the end of November 2022. A very tough time for GDX (unless you are short)
AMEX:GDXShort
by Auguraltrader
Newmont: 2x potential outlier basing @2009 channel+ Cup NeckNewmont gold miner, after more than doubled from a 2016 Cup & Handle formation, came back down to retest the neckline at around 40. As you can see in the chart, it reached the top of the 2009 channel near 85 on April 2022 & went vertically down to retest the channel base near 40, with the usual chopping near the mid channel dotted blue line. Very bullish cases: target levels are 50 (previous strong support), 60 (projected ma200 zone) & 70 (projected channel median line) It has been basing for 7 weeks holding 40 Basing around the 2009 lower channel Retested successfully 2016 Cup & Handle neck@40 Slight Rsi divergence Macd holding above zero Made higher high & higher low About to cross daily dma50 to regain channel WARNING: with GDX & GDXJ gold miners looking very bearish at this point, I MAY BE WRONG! So watch carefully the 40 zone as it is the line in the sand. Not trading advice
NYSE:NEMLong
by xtremerider8
GDXJ: Shilly-shally…GDXJ is still hesitant to finally complete wave ii in magenta and is turning downwards again. As it can, of course, use the whole magenta colored zone between $37.26 and $24.77 to finish the overarching downwards movement, we give the ETF some more time to get its work done. However, as soon as wave ii in magenta is through, GDXJ should veer to the north, crossing the resistance at $36.58 and heading for the next at $51.92 from there. A 40% chance remains, though, that GDXJ could break through the magenta colored zone and drop below the support at $19.52, thus triggering further descent.
AMEX:GDXJ
by MarketIntel
GDXU leveraged gold miner ETF LONG SETUPAMEX:GDXU As illustrated on the one-hour chart GDXU has reversed a downtrend as indicated by the EMA crossover and so on. Support and Resistance lines are shown. Price is well below the SMA200 and thus undervalued as compared with historical data. I see this as an upside 30 % long setup with reasonable risk. Once the trade progresses perhaps 10-12% in price rise, the stop loss can be moved up to break even. This can be approached with intermediate-term call options as well. Targets and stop loss are marked out.
AMEX:GDXULong
by AwesomeAvani
1
GDX gold miner ETF setting up LONGAMEX:GDX Based on the 4H chart as well as the price action of spot gold using an EMA ribbon cross-over as well as the volume profile, I have set up a long trade with two upside targets of about 10 and 20 % upside respectively with a stop loss of about 4% which would be adjusted as soon as the price rises above $ 27 to move the stop loss to the entry price making for a breakeven free trade after that. Overall, spot gold is sitting on support with a bullish RSI divergent pattern. I also see GDX as a candidate for the intermediate term call options out of the money about 15% above the current price being between the two targets.
AMEX:GDXLong
by AwesomeAvani
Barrick: To the Beach ⛱The bears have grabbed Barrick and are dragging it along southwards to the warm and sandy beach strip between $11.97 and $6.32, which is seated picturesquely below the support at $12.65. Once there, though, there’s not too much time to relax but also work to be done: Barrick should finish the long-term corrective movement in the form of wave (2) in yellow. Afterwards, the bulls should take over so enthusiastically that the beach sand is swirled up and push Barrick northwards. However, there is a 35% chance that the bulls could intervene earlier already and shove Barrick above the resistance at $26.07, thus eliciting further ascent above the next mark at $31.22.
NYSE:GOLD
by MarketIntel
GDX suffering a low periodGDX, the gold miners ETF which once had a lot of potential is now in the doldrums. Having hit 41 in April 2022, it had almost halved within 4 months. Recently, an attempt to consolidate and rebound is seeing a lot of challenges. First, the Gold prices are in a bear trend, secondly, rising interest rates hurt the miners, third, the weak equities market also affect the gold miners. The GDX weekly chart has in the past couple of weeks attempted a rebound, but the past week pretty much wiped all gains out. This move mellowed the technical indicators and it is less than ideal to be a tad bullish at all. The daily chart obviously has technically bearish indicators crossing down with momentum. Overall, very likely to take out the last low. Nothing much except the obvious... bearish
AMEX:GDXShort
by Auguraltrader
11