Mining
Novagold $NGNew high is for #Novagold today but #rsi is still weak and may pull back on next week before it continues.
GOLD $USOZApproaching to resistance. After it will hit, it may pull back for some time if it forms double top
CAT - At Breaking Point? #Caterpillar $CAT #SuperSimpleChartsNYSE:CAT
CAT - At Breaking Point? #Caterpillar $CAT #SuperSimpleCharts
CAT Flag - Super Simple ChartsNYSE:CAT
$GOLD CURRENCYCOM:GOLD
#SuperSimpleCharts
#Caterpillar
#Mining
#Gold
$CAT
AnglogoldAshanti $AU#AnglogoldAshanti performed well this month. It needs to close above $22.62 by the end of the month. However, #rsi is still weak
WheatonPreciousMetals $WPM#WheatonPreciousMetals is actually looking pretty good. The firm has seen solid earnings estimate revision activity over the past month. As technicilay, it broke the 50dayMA yesterday and seems bullish
XAUUSD - CRASHLiquidation from margin calls and all round market fear - As you can see we have hit the low in our bullish channel so next week I will be looking for a daily bull candle to close.
A great bargain buy for gold IMO.
SCAM idea from borker??Apparently I received a call from a broker today who insited on me buying this CDE stock at 3.48 USD (price they expect to get during today's session).
This company is supposed to have just signed an important contract that will make the price go to 5 or even 6 USD within 3 months. Maximum loss they expect is 15%.
Apparently more than 30 analysts from this company agreed that the stock can only go up. No doubts.
The whole thing sounded so much like The Wolf of Wall Street movie so I just decided to listen to what he had to say for fun. I would never put money over the phone under these circumstances so I decided to test his idea here instead.
Profit 1 at 5.00 USD
Profit 2 at 6.00 USD
Stop Loss at 2.95
Deadline: 3 months
Let's see how bad of a scam it was!
XBTUSD 1D KRAKEN Halving and Miner capitulationAre miners going to sell off to subsidy future mining operations while the price is still above the production costs, or are they going to hodl?
How long can the price be supressed under the production costs in order to take out competition in the face of smaller miners
a not so bright look on the bright side of the Halving as a pure mining event
Avg. price to mine one Bitcoin tells us somethingI think i do not need to add much.
If u think u have something to add pls do.
I hope it holds but only history will tell.
BUBBLES ARE IRRATIONAL!TOTAL ABOVE-GROUND INVESTABLE PHYSICAL GOLD: 6B ozs.
TOTAL ABOVE-GROUND INVESTABLE PHYSICAL SILVER: 3.5B ozs.
CHINESE CITIZENS ARE SELLING THEIR SILVER FOR LIQUIDITY, ONCE GLOBAL STAGFLATION EMERGES THIS PROCESS WILL REVERSE IN INCOMPREHENSIBLE WAYS!
AN INDUSTRIAL RECESSION WOULD PUT MUCH MORE PRESSURE ON SILVER PRODUCTION THAN SILVER DEMAND!
BITCOIN | A Possible Short-term Reversal Area!Hi followers,
Recently, I have been pretty quiet because there is just no reason to make an update, everything worked as planned. My bias was correct and now the Bitcoin price has reached to my multiple-times-pointed-target-area: an area where it is nice to close your shorts with profit and for those who are short-, mid-, long-term bullish it is a great area to buy it. As you know, I'm more a short-term trader, then this idea finds a target around $9,600 - $9,800.
The area consists of several criteria and all they should act as support levels:
1) Fibonacci retracement 2x38% and 62%, pulled from different bottoms.
2) Fibonacci Extensions
3) Channel projection
4) 2x AB=CD
5) The round number $9,000
6) Daily EMA100
7) Historically, the strong horizontal area around $9k
8) Handle formation on the Cup&Handle chart pattern (look it up from related ideas)
9) As always, wait for bullish patterns from the marked green area, it should increase your success rate - candlestick patterns, shorter timeframe bullish chart patterns and etc.
The mentioned Cup&Handle:
Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Regards,
Vaido
Big GainzDescending wedges always seem to break out to the upside for VAST. I'm looking to enter at around 0.16 since it looks as though the bottom of the wedge will be tested one last time.
Nordic Mining $NOM.OL is one to watch for 2020Nordic Mining prepares for lift-off
There hasn’t been a greenfield development of a mine in Norway for between 30 and 40 years but Nordic Mining is looking to change that via construction of its flagship Engebo rutile and garnet project.
www.mining-journal.com
Nordic Minining OSL:NOM just presented their Definitive Feasibility Study for the Nordic Rutile project at Engebø, Norway.
Once financing falls into place for this up and coming mining company, this stock should be a buy and own asset for the next decade.
Exercise extreme caution in the short term.
Engebø Rutile and Garnet
The realization of the Engebø project will establish Nordic Mining as a long term supplier of high grade rutile and garnet products.
www.nordicmining.com
Here is a Buy setup in Shandong Gold Mining Hk $1787 Shandong Gold Mining looking good for mid-long term buys especially with the coronavirus in the news.
As investors would seek to invest in safe-haven stocks.
Enter a position at breakout with volume and close above $20.80.
Amazing, Environmentally-Friendly Way To Mine Precious Metals.starting a position here.
Ultra-long term investment.
Environmentally friendly way to mine gold
from conventional mines AND eWaste.
Gets a royalty stream on all mined gold,
copper, zinc, lead, silver, palladium, etc.
Zero-environmental footprint!
Absolutely love it - VERY LONG!
enviroleach.com
BTG - Time to add to a position?There are some hella smart guys and gals out here in TradingView-landia.
I'm long BTG right now, and my analysis shows adding to the position may be wise.
I feel like a missed a window 01/28 and 01/29 at 4.20 (capital availability, stopping out on NIO has given me some space).
Before I add to this position, I wanted to pose the question to the genius-level crowd out here:
When do you add to a position?
Long BTG at 4.04, stop at 3.80.
I use very simple technical indicators and signals.
Bullish trend
50SMA is over 200, both sloping up.
OBV sloping up
But I wanna hear what you think, what are some signals you like to see before adding to a position?
Indicators? Profit rules? Trend rules?
Whatdya got? Fancy or simple lets here what you do for adding to an long position!
Austral Gold 10 BaggerCheckout my other post for some fundamentals, looking at the long-term chart view of AGLD we can see that a possible bottom has been carved out and is forming a bullish inverse Head and Shoulders pattern. As gold continues to rise, the un-hedged production at Austral will continue to generate cash to fund drilling and acquisitions without dilution. A dropping gold/silver ratio will add value quickly to the paused casposo asset.
I personally expected gold to break $1600 by the end of Q1, it did that by the end of the first week of 2020. With that sort of interest in the metal I would expect gold to trade up into the 1700-1800 zone by year end and possibly even record highs by this time next year.
Austral just posted new drill results 7km from their existing chilean operations. highest section was 19g/t over 1m.
GLTA.
TSXV:AGLD
