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Goldstocks

Descending Channel for QC Copper & Gold?It appears as though QCCU is trading in a descending channel, if the bottom support is lost then be very cautious. On the KST there's been a bearish cross where I have placed the red downward pointing finger. The DMI is showing a bearish cross where the red line has crossed over the blue in an upward motion, I have placed red finger icons as some other similar previous examples. Keep an eye on the DMI because it's possible the blue line crosses over the red and orange in an upward motion this week if there's going to be a bullish reaction off of the bottom of the descending channel pattern. The dark red line on the chart represents the baseline of potentially a descending triangle or bullish flag formation, when viewing from a longer-term time perspective than a 6-month chart it becomes more apparent. This chart is done on a log scale, I will link another chart done differently. If this was a descending triangle or potentially a bullish flag the baseline of support has been lost.
Q
by ScotianBot
GOLD Will it stay below 1800.00 levelGOLD After reaching the 2021 high around 1960.00 a bearish engulfing pattern has triggered further selling of gold and its reached almost 1820.00 level And managed to thrust above the 1850.00 level and since starting of the January its felled and traded in a confined range from 1803.00 to 1870.00. The stimulus talks in USA is another reason for the 2020 year end bullish run and after that the improvement in stimulus talks were faded slowly and USD has gained some strength in January month. The price got rejected around 1840.00 which is a 0.618 Fibonacci level and the point of control is around in that level. From the volume profile we can see the selling positions has increased at this level. In lower timeframe it shows clear bearish sign and reached around 1800.00 and even breaks the 1800.00 level since Dec 2020 The lower side target would be 1764.00 which is a December(2020) low
OANDA:XAUUSDShort
by forexorbit
SG.C - Deeply oversold gold explorer in prolific Nevada districtSG is oversold but finding support at .18 with MACD curling for a potential bullish cross. Trading at significant discount to recently closed .22 financing. Gap at .36. Highly prospective properties in the world's top mining jurisdiction. "The Millennium Gold property consists of three State mineral leases and 72 BLM claims totaling 3,408 acres and is in the general vicinity of the Oatman mining district where over 2 million ounces of bonanza-grade gold has been discovered and where Equinox's Castle Mountain open pit gold mine is located."
SLong
by wealth_bakery
Bear Flag & a Head and Shoulders for GBR?Since my previous post on GBR, we've clearly seen the price breakdown from what appeared like a bullish pennant or potentially a bull flag, but the bearish divergence was/is too strong... Currently, it appears as though the price is breaking down from a bear flag with a head and shoulders pattern noticeable. I have placed a blue human head and body icon to represent the head of the H&S pattern. It could be an ascending triangle with a fake-out to the downside occurring now, the higher low trajectory has been negated at the upward sloping support of the pattern, in the next several trading sessions it will be more apparent. The RSI is trading in a descending triangle creating a series of lower highs. The DMI is showing a bearish cross where I've placed the red finger point downward.
G
by ScotianBot
Gold miners arragement Some gold miners operate synchronously. They have been falling since the peak of August. They are quite sensitive to movements in gold prices, maintaining a positive correlation. They are trading below their 200 day simple moving average (undervalued signal). Its last 2 peaks have occurred in the first week of the month, 2 months apart. What is the possibility that another peak occurs in early March? Either everyone goes up or everyone goes down. I get the impression that they are going to rebound at the same time.
AMEX:EQX
by amateur_trad3r