Gold-Silver-Copper play TRQLiking this 1.8B mining stock for play on gold and silver after copper play. Optimism in my Fibonacci chart abounds, but with all the policital rhetoric during COVID has me liking silver over $21/oz. going higher, and gold going higher, and copper has turned the recent corner. How easy is it to quadruple $0.90 in your pocket? Playing this over next 2 years.
Your basis cost to mine stays the same, but the profits sky rocket with increasing return on yield in AU-AG-CU. Awaiting Eric Sprott buying into this one can be your other reason, but he's buying into Nickel mines for the moment (#batterymarket). Hedging volatility in future markets when NASDAQ DOW S&P500 not in sync as well. Just drives up the edge in this one vs semi-inflated pure gold or silver plays. NYSE:KL NYSE:EXK NYSE:GOLD NYSE:SCCO NASDAQ:PAAS AMEX:SVM AMEX:SVM OTC:KRRGF
Increasing
USD/JPY is about to pull backConsidering its evolution from several days, USD/JPY is bullish. At the moment, it's decreasing but I'm pretty sure that it will pull back.
USD/JPY is going to test the VWAP before increasing again.
Better wait the moment where it will rise again to buy.
USD/ JPY to watch closely
XRP mkt cap bullish ascending triangle (10% increase to come)This ascending triangle on the XRP mkt cap chart indicates a bullish sentiment of increasing market cap is on its way. The accumulation pattern, regardless of where it forms, is usually a signal of impending bullish movement. The projected market cap target is equal to the height of the height of the triangle, which is equivalent to a 10% movement. Upon penetration of the upper resistance, we expect the market cap to move up a whopping 10% -- adding the widest part of the triangle to the breakout position. This pattern is considered to be valid by us because both the upper resistance and lower support of progressively higher lows has been touched at least twice.
Bitcoin:BTCUSD Buying power grows again - Bitcoin: BTCUSD Last Post
That's another pin bar formed on the 2 hour chart showing
quite aggressive buying lower down...can't deny it's still in
danger whilst trapped under the parallel but price action
shows sellers are being absorbed now at ever higher prices.
It can still fail at any point whist under that parallel but even
from here do not want to get tempted by a short due to the
danger of whipsaw - still evident by that recent pin bar. So
the waiting game continues - but now accepting that this really
could go either way...it's Bitcoin. It really is possible to still
escape...the Head and Shoulders pattern is not complete, and
won't be unless 6910 gives way. Therefore need to be
prepared for break either way, looking at it 50/50 now and
trying to stay prepared for a break either way, as per previous
comment. One last point: for Bitcoin to make another break
to the upside and defy the bears just when it looked like a big
bear raid was building momentum would be a hell of an
escape act and should propel it considerably higher still as a
result - so whichever way this breaks should be worth
following, hopefully without getting stopped out this time
around. Be lucky, especially with stops.
Digibyte finally getting back ?It looks like a channel, it looks like it wants to move up on a healthy pace. I guess we will know in a couple of days.