BTU Metals Corp - Pitchfork & Key LevelsRSI is bullish.
Support at $0.36
Resistance at $0.43 and $0.5
Goldstocks
💰 Gold Gettting Close To The Highs. (GLD)💰 LET'S GET INTO SOME GOLD ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐮 Bullish
- Weekly Chart
- Green Engulfing Candle
- 3/3 EMA DOTS Green
As of now we are still bullish based off the current indicators status. We need to keep in mind though that we are reaching the top of the expanding channel Resistance levels which is now testing a Resistance level currently. Next you notice we aren't to far away from the next highs of a horizontal Resistance level from previous all time highs range of Resistance. If the old Resistance levels do hold strong eno5i do believe we will get a pullback down to the lower support of the current channel. Gold I do not look as a short term trading plan but more as a long term investment. I'd play the weekly and up on gold. I will be interested in it once we hit the highs and start to shift red on the indicators for a pullback. As of now it has had an amazing push up and congrats to you all that played gold for this time period of the uptrend after that long range of accumulation! 😁👍❤
Best of luck to you and all of your trades this week! 🤜
Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER
Fosterville South Exploration - A +450% IPO in less than 30 daysWhat an IPO, what a run!
The tight share structure of the company (25% of the company is owned by the Management and founders) sent the stock to $4.6 today.
After the incredible Kirkland Lake story, the Fosterville region is more than ever keeping its reputation of creating lots of money.
What about value? Is this stock interesting from a fundamental standpoint? The answer is "I don't know", the lack of information on the company and especially on its structure does not yet, make it a sure bet for the long term.
Mandalay Resources - Bullish BreakoutThe multimonth range that started in October 2018 was broken to the upside at the end of April.
The confirmation pullback with large selling volume, along with buyers coming in today suggests a low was formed and a new rally is now in.
GOLD THIS WEEK ANALYSIS.In this analysis we are clearly mentioned that there are two possible trends of gold in this week buy or sell .as we plotted read zone area where we do not put any entry until its break this red zone area is restricted area around (1737 to 1751).
1. now we are going to talk about buy zone where we have two targets or tp,s
1st target is 1767 where i mentioned that at 1767 marked can retest and break again red zone also follows its supports that i mentioned in chart.
2nd target is 1787 .
2. now we are going to talk about sell zone where we have five targets or tp,s.
1st target is 1727
2nd target is 1711
3rd target is 1702
4th target is 1690
5th target is 1669
guys remember one rule clearly whenever market retest and enter in red zone either its from buy or sell area then close all entries and wait until its red zone break again.whenever market break its red zone put your entries again thanks..
Pure Gold - Bullish Trending ChannelRSI is bullish.
Mine construction is almost finished : 29 weeks to production.
First Majestic Silver : Pitchfork RetracementsHealthy Upleg and Bullish RSI.
This stock is a great way to play the bull silver market.
It is a cult stock, with famous and great management.
This is the largest silver producer (operations mainly in Mexico) with long term reserves.
Great long term play.
Not cheap but marginal when looking at the current silver price...
I'm Going Bear. (GOLD)I am shorting gold with roughly 2.5% Stop of 1750.
Weekly starting to whip around and we keep hitting off of upward resistance.
Would be nice to get a drop off to the bottom green line of upward support.
If I do get stopped out it's not a big deal. We always play 1-3% stop.
3day is firing red with a Crossover and ema dots are firing red.
Want to see some sell off pressure to get that weekly to trigger for a nice bearish close.
Best of luck,
🥇MLT | MAJOR LEAGUE TRADER
Ascending Triangle breakout for ORSU?Orsu metals released some interesting & pretty impressive drilling results on multiple holes in Russia, indicating they've "struck gold," for lack of a better expression.
I'm not great at reading drilling results from Gold mining companies, but I can read the charts fairly well, and apparently the market likes the results, so far.
An ascending triangle is a chart pattern used in technical analysis, It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows.
The two lines form a triangle. Traders often watch for breakouts from triangle patterns.
The breakout can occur to the upside or downside.
Ascending triangles are often called continuation patterns since the price will typically breakout in the same direction as the trend that was in place just prior to the triangle forming.
B2Gold - Multi-year Breakout Multi-year breakout is confirming as the price rebounded on the upper-channel resistance during the last 3 weeks.
B2Gold - Huge Volume TodayThe Breakout is confirming as a Trading Range formed with low volumes during the past few weeks.
Following a few weeks of low activity, very-large volumes were registered today.
Price is heading toward the next Resistance of the upper Ranging Channel at $7.8.
This movement could very easily push the price all the way to the next Resistance at $8.0 to a new all-time high.
Support at $7.25 and $7.5
$AUY can rise in the next daysContextual immersion trading strategy idea.
Yamana Gold Inc. operates as a precious metals producer with gold and silver production, development stage properties, exploration properties, and land positions in Canada, Brazil, Chile, and Argentina.
The share price rose after good earnings. I see some preconditions the share price will continue growing.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $5,48;
stop-loss — $5,10.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Thanks for being with me!
Go Long Northern Star Resources $NSTNorthern Star Resources broke out the triangle this week just like Gold. $GOLD
This increases the chances of $NST heading higher and maybe make a new all-time high in the next week or month.
GDX - 7 Year BreakoutNew multi-month support at $32.
GDX needs to stay above $32 for the rally to resume.
SandStorm Gold - Shooting Star SignalThe combination of a shooting star (on an upward trend) combined with a red volume, signals a short-term reversal.
Agnico Eagle Mines - Key Level A strong breakout with high volumes, above the red resistance, would fuel up and resume the current rally.
PureGold - New Multi-Year HighPureGold's first production of its under-construction Red-Lake mine is expected for late 2020. Jeff Clark, a famous precious metals analyst, often quotes that empirical studies suggest that there is a 90% probability of a 90% stock-return during a mine's last year of construction.
Could WPM Pass that $45 Threshold -> To the Moon!First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into a few key insights. WPM had its 52 week high recently, is a relatively low cost gold stock compared to companies like RGLD, and is on track to potentially pass a $45 threshold which would be an all time high for the entire history of the stock symbol. It does seem to have a lot of potential at this moment.
RGLD: $140+ Short (Expected Positive Earnings Call)First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into my insights. I do expected Royal Gold to have a positive earnings call in the upcoming 5 days, and currently it already is on a bullish curve with many investors giving it buy ratings. This is why I am calling at least a $140 short target and saying it has some long potential with low to medium risk.
