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Preciousmetals

Gold: Weekly Forecast 1st August 2021Gold was very well supported at the resistance turned support level 1795. Last week, the price managed to rebound higher but faced with significant rejection as it retest the current high at 1830. At the end of it, it was somewhat able to close with a higher low and that gives the bulls a little more advantage. This week, we will be looking for buy opportunity by using the rising trendline as a support. We are expecting the price to eventually complete a AB=CD pattern as it completes a 2nd bullish wave at the equilibrium level around 1860.
FX_IDC:XAUUSDLong
by AlgoVenture
Technical analysis update: XAUUSD (29th July 2021)We correctly predicted that gold would move along the upper channel line for few days before moving higher. Yesterday gold decoupled from the upper channel line to the upside. RSI and MACD are bullish. Stochastics is also reversing to the bullish side. We expect gold to continue go higher and subsequently reach our price targets. Our short term price target of 1850 USD remains in place. Similarly, our medium price target of 1875 USD also remains in place. Developements from 26th July 2021: Here we suggested that gold would move along the upper channel line before finally moving higher. Developements from 30th June 2021: Here we hinted at divergence between price and RSI. We also correctly predicted end of correction and reversal in price direction to the upside. Developements from 26th May 2021: Here we suggested that gold was reaching overbought zone in the short term. We also hinted at growing odds of shortlived correction. Developements from 16th April 2021_ Here we correctly predicted move to the upper channel line. Disclaimer: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
OANDA:XAUUSDLong
by Tradersweekly
6
SILVER: What's Happening? Educational Multi Time Frame AnalysisTraders, Silver (XAGUSD) has been moving and yesterday it caught several analysts and traders by surprise. The reason behind that is that majority do not perform multi time frame analysis and do not see the hidden higher time frame levels which can act as support and resistance. In this multi time frame analysis I start from the monthly time frame and go the way down to 4H to show what happened, and what was expected. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
OANDA:XAGUSDShort
by vikinsa
6
Vox Royalty Just Doubled 2021 GuidanceFor those of you who haven't been following along, this is what was said in May at the end of Q1 2021. GEORGE TOWN, CAYMAN ISLANDS – May 25, 2021 – Vox Royalty Corp. (TSXV: VOX) (“Vox” or the “Company”) is pleased to announce its operating and financial results for the first quarter ended March 31, 2021. All amounts are in U.S. dollars unless otherwise indicated. Kyle Floyd, Chief Executive Officer stated: “The first quarter of 2021 marked another milestone for Vox as it reported record revenues. The Company is well on track to achieve its previously announced 2021 royalty revenue guidance of C$1.7M to C$2.5M. The embedded organic growth in our portfolio of 50 royalty assets continues to build. Every month our shareholders are benefiting from exploration successes, fast-tracking of development and production increases on our royalty properties. The coming quarters have strong potential to be the most productive in Vox’s seven year history.” This is where they are end of Q2 2021 VOX ANNOUNCES RECORD REVENUE IN Q2 2021 AND INCREASES 2021 REVENUE GUIDANCE BY +100% TORONTO, CANADA – July 27, 2021 – Vox Royalty Corp. (TSXV: VOX) (“Vox” or the “Company”), a high growth precious metals focused royalty company, is pleased to announce that it has realized record preliminary quarterly royalty revenue of C$1,628,600 (US$1,314,000) for the three-month period ended June 30, 2021. During the quarter, the Company recognized inaugural royalty revenue from its Janet Ivy gold royalty, acquired on March 29, 2021, which is an uncapped A$0.50 per tonne royalty. Quarterly revenue benefitted from increased royalty-linked production by Mineral Resources Limited (ASX: MIN) at Koolyanobbing, increased production by Karora Resources Inc. (TSX: KRR) from the Hidden Secret deposit at Higginsville covered by the Dry Creek royalty, inaugural royalty revenues earned from the Janet Ivy royalty, and increased production by the operator of the Brauna royalty. Vox has successfully grown quarterly revenue figures exponentially since Q3 2020, which is summarized in the below chart: Three months ended June 30, 2021 Royalty revenue (C$) == $1,628,600 Royalty revenue (US$) == $1,314,000 Royalty revenue % growth == 143% # of producing assets == 4 Kyle Floyd, Chief Executive Officer stated: “This is the continuation of an exciting period in Vox’s growth as revenue and profitability metrics start to reflect the true earnings power of the Vox royalty portfolio. We have consistently updated the market with operator updates concerning our royalty assets and noted that our portfolio continues to grow ahead of expectations. The coming quarters and years should continue to reflect a robust increase in revenues from both in production assets and development stage projects we expect to come online.”
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by TH_Analysis
Vox receives money$VOX.CA is pleased to announce that it has executed binding agreements with Titan Minerals Limited to acquire four Peruvian gold, silver, and copper royalties for total cash consideration of US$1,000,000. In addition, Titan will pay Vox US$1,000,000 in cash pursuant to the terms of an agreement between Vox’s subsidiary, SilverStream SEZC, and a subsidiary of Titan, Mantle Mining Peru S.A.C. (together with the acquisition of the Royalty Portfolio, the “Transaction”). Spencer Cole, Chief Investment Officer stated: “We are pleased to close out this legacy receivable from Titan and to add four highly prospective Peruvian exploration royalties to our portfolio. #preciousmetals #gold #royalty #miners $GDX $WPM $RGLD $FNV This company is on the move
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by TH_Analysis
Technical analysis update: XAUUSD (26th July 2021)Technical indicators are mixed for gold. Yet fundamentals remain bullish. As gold continues to move along upper channel line we believe that it is poised for further move up. Our short term price target remains 1850 USD and our medium term price target remains 1875 USD. Prior thoughts from 14th July 2021: More prior thoughts from 30th June 2021: Here we hinted at divergence between price and RSI. We also correctly predicted reversal in price. Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
OANDA:XAUUSDLong
by Tradersweekly
6
Gold: Weekly Forecast 18th July 2021Gold marked its first weekly loss in just more than a month. Gold price has struggled to maintain its recovery from the previous selloff as the dollar continued to strengthened amid the outbreak of the delta variant. However, we still see gold finding support and staying on to of the previous range which could potentially invite another bullish wave in the coming week. This week, we expect the market to be either ranging or it may start to rebound off the support turned resistance level 1790 and head for 1850. We do expect some fake breakout of 1790, which may push the price to as low as 1770, before it starts to trend upwards.
FX_IDC:XAUUSDLong
by AlgoVenture
1
VOX Royalty - Gold revenueVox Royalty Corp (CVE:VOX) (OTCMKTS:VOXCF) has noted that its royalty partner Thor Explorations Ltd (CVE:THX) (LON:THX) (OTCMKTS:THXPF) (FRA:T2X) has begun commissioning its gold processing plant at the Segilola gold project in Nigeria and will pour the first gold bar there before the end of the month. Vox Royalty, which has a 1.5% net smelter return (NSR) royalty on all products mined from the property, estimates it will receive pre-tax royalty revenues of C$4.4 million within the first two full years of production. "Based on production guidance from Thor, we expect that this royalty has the potential to generate revenue almost five times Vox's initial investment of C$900,000 within a span of three years,” Vox Royalty executive vice president of corporate development Simon Cooper said in a statement.
TSXV:THX
by TH_Analysis
Gold Daily Chart Lacks Clear DirectionWe have added a triple moving average system to determine the trendiness of XAUUSD. Green>orange>red is regarded as a bullish formation. When this is achieved with angle and separation (blue arrows) a price uptrend typically ensues. Current price action lacks clear direction in this regard. We note that the short-term green moving average has turned down. If green<orange<red develops this will be considered a bearish development for the precious metal.
FX:XAUUSD
by FXCM
3
The June CPI, South Africa, And Another Trial In Precious MetalsGold was sitting around the $1825 on Friday, July 16. Silver was over $26, platinum was near the $1140 level, and palladium was around $2700 per ounce. All four of the precious metals that trade on the COMEX and NYMEX divisions of the Chicago Mercantile Exchange have been trending higher over the past years. Gold and palladium reached all-time highs over the past year. The June CPI comes in on fire The inflation data is not a validation of “transitory” Passing a bullish baton from one sector to the next South Africa is on fire- Precious metals supplies could decline- Another trial begins this week The next leg up for gold, silver, platinum, palladium and other PGMs could be on the horizon Precious metals tend to rise in inflationary environments as the economic condition erodes money’s purchasing power. The tidal wave of central bank liquidity and tsunami of government stimulus has increased the money supply exponentially over the past year. Rising money supply weighs on fiat currency values. While all four of the precious metals are below their highs for 2021 and over the past years, the path of least resistance for prices on a long-term basis remains higher. When it comes to gold, every substantial price dip has been a buying opportunity over the past two decades. The current environment suggests that it will continue. Moreover, the recent events in South Africa, a leading gold and platinum group metals producer, could put additional upward pressure on prices. The June CPI comes in on fire The June Consumer Price Index rose for the third consecutive month posting a 5.4% increase in June. Excluding food and energy, it was 4.5% higher, the most substantial gain since September 1991. While the Fed and other analysts blamed one-third of the rise on used car and truck prices, any consumer knows prices are rapidly rising. The Fed continues to view the data as “transitory.” The market’s reaction continues to be another indication that the central bank will roll out plans to taper quantitative easing and schedule liftoff from the zero percent short-term Fed Funds rate. However, one factor may make any move by the central bank moot. The inflation data is not a validation of “transitory” The Fed Chairman and the Secretary of the Treasury believe that inflationary pressures are “transitory,” blaming the data on pandemic-inspired bottlenecks in the supply chain. However, with Congress discussing another $3.5 trillion in spending, even if the Fed tightens credit, the government’s stimulus tsunami continues to flood the financial system. The CPI data and rising retail prices are the price tag for the stimulus and tidal wave of central bank liquidity that began over one year ago. Passing a bullish baton from one sector to the next We have seen inflationary pressures rise in markets across all asset classes. The economic condition erodes money’s purchasing power. The stock market has risen to all-time highs. We witnessed parabolic moves in cryptocurrencies earlier this year. While Bitcoin, Ethereum, and many other cryptos halved in value from the April and May highs, they remain far higher than at the end of 2020 and many times the price levels at the 2020 lows. In commodities, gold rose to a record high in August 2020. While the yellow metal corrected, it continues to consolidate at above the $1800 per ounce level at the end of last week. Silver rose to its highest level since 2013 when it probed above the $30 level in February before correcting. Platinum rose to its highest price since 2014 before moving lower. In May, palladium, along with lumber and copper, reached all-time highs. Rhodium, a platinum group metal that only trades in the physical market, reached almost $30,000 per ounce this year. Grain prices rose to eight-year highs earlier this year. Sugar and coffee reached multi-year peaks. The latest sector to move to the highest level in years was energy as the nearby NYMEX crude oil futures contract traded at $76.98 per barrel on July 6, the highest price since 2014. Natural gas moved to $3.822 per MMBtu on July 6, the highest price since late 2018, with ethanol at an over seven-year high and coal prices at the highest price in a decade. The raw materials asset class has been passing the bullish baton from sector to sector in an inflationary relay race over the past year. Bull markets rarely move in a straight line, but the trends remain bullish, reflecting the rising inflationary pressures. South Africa is on fire- Precious metals supplies could decline- Another trial begins this week After another attempt at a rally, precious metals sold off at the end of last week. The prospects for higher interest rates push the US dollar higher, which tends to be bearish for the precious metals. However, gold remained above $1800 per ounce, silver is over the $25.50 level, platinum was at $1100, palladium was around $2.640, and rhodium was at a midpoint of $19,100. At the March 2020 lows, gold found a bottom at $1450.90, silver fell to $11.74, platinum reached $562, and palladium fell to $1449.90 per ounce. Rhodium declined to $2000 per ounce. South Africa remains a leading producer of platinum group metals. 72% of annual platinum supplies come from South Africa, along with 36% of palladium, 82% of rhodium, 81% of ruthenium, and 87% of iridium. Ruthenium and iridium are other platinum group metals that trade in the physical market. While South African gold production has declined over the past year, the country still produced around 99.2 metric tons of gold in 2020. South Africa is currently facing the worst political violence since apartheid ended 27 years ago. Violent riots and looting in the aftermath of the jailing of former President Jacob Zuma are gripping the country. Persistent poverty and the global pandemic’s toll have only exacerbated political violence and upheaval. As South Africa faces the potential for a civil war, precious metals production could suffer over the coming months and perhaps years, creating the PGM shortages and limiting gold output from the mineral-rich nation. Meanwhile, the greener path for energy policy only supports the demand for platinum group metals. As supplies from South Africa may decline, the demand will continue to grow, putting upward pressure on prices. Rising inflation and the South African political landscape support all precious metals prices. Meanwhile, this week, two traders accused of felony-level crimes in the precious metal markets go on trial in Chicago. Federal District Court Judge John Z. Lee will preside over the trial of John Pacillo and Edward Bases. The pair last traded for Bank of America Merrill Lynch. Mr. Bases had traded precious metals for Morgan Stanley, Deutsche Bank, Bear Stearns, and Merrill Lynch since the 1990s, while Mr. Pacillo has an equally long resume. A jury at the most recent Chicago trials of two Deutsche Bank traders, John Vorley and Cedric Chanu, returned guilty verdicts. Both were sentenced to one year in prison. Bases and Pacillo pleaded not guilty to the charges. A jury of their peers will decide their fate this week. More traders, including three from JP Morgan Chase, await their days in court. While the trials and sentences will not impact precious metals prices, trader’s behavior will change as a prison cell, and lifelong branding as a felon is a far cry from the comforts of a trading room. I ran one of the leading precious metals dealing desks in the 1980s and 1990s and know some of those charged, including Mr. Bases. I will save any comments for after the accused have their days in court. The next leg up for gold, silver, platinum, palladium, and other PGMs could be on the horizon Platinum group metals suffer from illiquidity on the futures exchange. The lack of visible stockpiles and the supply versus demand equations in the PGMs does not allow for robust futures or forward markets. Less liquid commodities tend to experience far higher volatility levels. Lumber is one of the least liquid futures markets. The price of wood from the $251.50 level in April 2020 to $1711.20 one year later in May 2021. At the end of last week, the price was below $550. Traders call markets like lumber roach motels as market participants can get into long or short risk positions but getting out when the market moves in the opposite directions can be more than a challenge. Platinum and palladium futures quality as roach motels. Meanwhile, increasing demand for PGMs because of the rise of environmentally friendly energy policy supports their prices. The upheaval in South Africa may only exacerbate upside price action if supplies decline. When it comes to gold, every dip over the past two decades has been a buying opportunity. The quarterly chart highlights the bullish price action in gold and the pattern of higher lows and higher highs that began in 1999 at $252.50 per ounce. Gold may have corrected from the August 2020 $2063 high, but the price action remains in bullish mode from a long-term perspective. Silver is a highly speculative metal that attracts herd behavior when the price begins to trend. In 2020, silver traded in an $18.175 range from low to high. So far in 2021, the trading band has been only $6.61, with silver making a marginally higher high and higher low. When precious metals embark on the next leg to the upside, silver is likely to have a magnetic pull for a herd of buyers. Rising inflation and the political landscape in South Africa are bullish for precious metals. While the US Federal Reserve may pivot to a more hawkish monetary policy stance, government stimulus shows no sign of slowing. It may only be a matter of time before the precious metals sector takes the bullish baton in the inflationary relay race that has been underway since the 2020 bottoms. Use the links below to sign up for free early access to new posts and register for the free Monday Night Strategy Call. Trading advice given in this communication, if any, is based on information taken from trades and statistical services and other sources that we believe are reliable. The author does not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects the author’s good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice the author provides will result in profitable trades. There is risk of loss in all futures and options trading. Any investment involves substantial risks, including, but not limited to, pricing volatility, inadequate liquidity, and the potential complete loss of principal. This article does not in any way constitute an offer or solicitation of an offer to buy or sell any investment, security, or commodity discussed herein, or any security in any jurisdiction in which such an offer would be unlawful under the securities laws of such jurisdiction.
COMEX:GC1!Long
by Andy_Hecht
What Inflation? US Dollar Breaks Out Into a New Bull MarketThis is a momentous occasion! US Dollar just broke out into a new bull market. Looking at the chart we can see that the Dollar index has closed above the Blue support-resistance line on July 13, 2021. This is a clear breakout. We can now expect new higher highs and higher lows for the US Dollar. Those that trade commodities and especially precious metals understand that stronger dollar will now pressure gold and silver. The demise of the Dollar was greatly exaggerated. The inflation is also very likely not going to be an issue. Here I am referring to inflation as caused by "fear" of the unknown events (war, climate change, kakistocracy, etc.). Inflation as related to imbalances between supply and demand may continue to be an issue. --- How to understand price action. It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are likely to make a stand. You can also think of these indicators as moving pivot points . MasterChartsTrading Price Action Indicators show good price levels to enter or exit a trade. The Blue indicator line serves as a Bullish Trend setter. If your instrument closes above the Blue line, we think about going Long (buying). For commodities and Forex, when your trading instrument closes below the Red line, we think about Shorting (selling). For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on Daily charts ). A stock has to close below the Yellow line first, then rally towards the Red line and top out there. This is where I would short it.
TVC:DXYLong
by mastercharts
Gold: Weekly Forecast 18th July 2021The gold successfully broke out of a consolidation but faced strong rejection on the last trading day. The break-above of 1825 should technically boost the price all the way to 1850 but it turned out to be another phrase of accumulation. However, the gold still ended the week with a bit of gains and still managed to stay supported at the bottom of a rising channel. Gold has a tendency to whipsaw like this before any major trend and thus we maintain our bullish view. This week, we will observe for a continuation of support at the current price and look for another buying opportunity at the beginning of the week. We still plan to hold our gold long up till 1850 where there will then be a stronger supply for price rejection.
FX_IDC:XAUUSDLong
by AlgoVenture
GOLD futures: If the History repeats, this is our trading plan Today we will take an in-depth look at the Gold Futures chart. On the main chart, we can see the Daily timeframe, and before starting with the analysis, we want to share the Weekly view + The similarities we are observing with the previous bull run of 2009 Current Weekly Chart Weekly Chart 2009 Daily Chart 2009 --------------------------------------------------------------------------- With all that clear, let's start with our analysis: General View: We observe clear similarities to the conditions prior to a bull run using 2009 as a template. The main characteristics are: -The price makes a New ATH after a year of Draw-Down. -After the New ATH, a massive corrective pattern happens on the edge of the previous ATH -The Bullish movement does not start after the breakout of that pattern. We have a smaller correction on edge, and the breakout of this last one represents the beginning of a new bull run. Also, it is important to say that we use a statistical approach. What do we mean by that? If we are right with our view, we can reach a risk-reward ratio on this setup of at least 1: 5, which means that for every dollar we are risking, we are aiming to make 5. The key concept of this is that even after failing 3 times to catch the movement and succeeding on the 4th attempt, we keep having a positive expectancy on the trade. Remember that: Profitable trading is about positive expectancy, is not about crystal balls. Ok, so what is our trading plan? The main idea here is waiting for the correction to be finished. We think that the consolidation will keep moving on the current area at least for 70 days (currently 40 days). The specific pattern we are looking for is a double bottom inside the correction. Here you can check some examples of what we mean by that. Suppose we observe this pattern (main characteristic: the 2nd movement that makes the double bottom MUST NOT SURPASS THE FIRST ONE). If that happens, we will set our bullish setup above the previous local high. We will be risking 1% of our capital. THIS IS VERY IMPORTANT. We never risk more than 1 to 2% of our capital. By doing that, you take the chances of blowing your account almost to 0. And the chances keep improving in your favor if your style is Swing Trading. Target? The main idea here is that when Gold starts trending is not a good idea to close the setup, is better to trail it using higher highs and higher lows as references. But as we explained before, our main idea is getting at least a 1:5 Ratio. How long can this movement take? Let's assume we are right; the previous bull run lasted for 800 days almost. And what if this setup fails? Two options here, Either we have a stop loss, or the setup is never executed. It would be logical to observe a bearish movement towards the next support zone. Thanks for reading; we hope this can bring more clarity to your decision-making!
COMEX:GC1!
by ThinkingAntsOk
4
Technical analysis update: XAUUSD (14th July 2021)Gold keeps rising as we correctly predicted. RSI, MACD and Stochastics remain bullish. ADX undergoes reset. We decided to change our 1850 USD medium price target to short term price target. In addition to that we would like to set new medium term price target to 1875 USD. Thoughts from 30th June 2021: Here we hinted at divergence between RSI and price of gold. We also noted that this would lead to reversal in price direction. Then we achieved price target of 1810 USD. More thoughts from 11th June 2021: Here we warned investors about higher volatility around FOMC date and possible plunge in XAUUSD. Prior developements from 26th May 2021 Here we stated that gold started to reach overbought condition. Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
OANDA:XAUUSDLong
by Tradersweekly
Vox Royalty - GDX,FNV,RGLD & WPMComparing 3 large precious metals royalty companies and the VanEck Vectors Gold Miners UCITS ETF (GDX), shows how the Gold miners and large-cap royalty firms have a similar relationship within the market. Recently the price action in Vox Royalty has started to find that it too can benefit from a rising market and good news flow. In the past VOX Royalty has been a more volatile ride but steady progress towards their goal of building a portfolio and bringing value to their shareholders. A few months ago news of Letters of Intent and Public Offerings was announced. The raising of capital was to purchase royalties and assuming completion of the transactions under LOI and a midpoint of 25 royalties acquired, the Company’s portfolio will consist of seven producing assets (an increase of 75% compared to its four producing or construction-stage assets in 2020). In addition, six of the royalty assets subject to LOIs are currently in a development stage and the remaining 16 royalty assets are in the exploration stage (based on an assumed acquisition of 25 royalties). Assuming 25 of the royalties under LOI are purchased, the Company projects that the underlying royalties are expected to generate between C$3 million and C$7 million of incremental revenue in 2023.
V
by TH_Analysis
Vox Royalty - Strong closeGold has once again held the $1800 level and is relatively strong after the US cpi print. Precious metals holding their head against transitory inflation and a strengthening US dollar. Small-cap companies should lead Large caps, so I am keeping an eye on Vox Royalty who finished with a nice green candle and towards the highs of the day. Tradigview technicals are signalling a buy, getting above the recent swing highs are key to a continuing uptrend, so I am looking for price to now stay above the daily 20 ema.
V
by TH_Analysis
Gold: Weekly Forecast 20210711Gold has climbed for the 3rd consecutive week since it rebounded off from the neckline of a previous double bottom. Resistance is currently seen at 1815 as gold kept getting rejected multiple times and ranged for 4 days already. This could very well bring about another pullback based on the volume and the duration of the current bullish wave. However, given the fact that it was able to close and stay supported at the resistance turned support level 1795, we shall adopt a more bullish view and look for buying opportunities. We are expecting pullbacks at the beginning and will be looking to buy from 1803. And if the gold is able to trend and break 1820, we see a potential of reaching 1860 as there won't be much resistance in between.
FX_IDC:XAUUSDLong
by AlgoVenture
Technical analysis update: XAUUSD (9th July 2021)Recently we correctly predicted reversal in the downtrend of smaller degree (correction). Subsequently our price target of 1810 USD per ounce was reached. Currently, RSI, MACD and Stochastics are bullish. Our new medium term price target is 1850 USD per ounce. Thoughts from 30th June 2021: Here we hinted at divergence between RSI and price of gold. We also noted that this would lead to reversal in price direction. More thoughts from 11th June 2021: Here we warned investors about higher volatility around FOMC date and possible plunge in XAUUSD. More thoughts from 19th May 2021: Here we observed that gold was reaching overbought condition. More prior developements from 16th April 2021: Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
OANDA:XAUUSDLong
by Tradersweekly
4
VOX Royalty up 13% since Mid-JuneVox Royalty (CVE:VOX) has been down despite a constant news flow including, entering into binding agreements to purchase a 0.633% net smelter returns royalty and associated advance minimum royalty payments of over C$120,000 per annum on part of Gold Standard Ventures Corp's (CVE.GSV) Railroad-Pinion Gold Project, located on the prolific Carlin Trend in Elko County, Nevada, for US$1,980,000. The price action over the last few days has been positive and is opening up the possibility of further gains as technically we're entering into higher highs and higher lows
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by TH_Analysis