Goldminers: The dead come to lifeGoldminers has been silently just going sideways for a long time.
If price is where I suspect it will at the designated time: Go long.
GDXJ trade ideas
GDXL Position trade-71 Week Symmetrical triangle
-Convincingly on the right side of the 200SMA on a daily and weekly basis
-Bollinger band contraction within the bounds of the triangle weekly with daily squeeze at boundary cross
-Good (not great) daily volume
30 basis points of risk (as always) planned
After years, could there be a bulltrend?I have a possible pathway for the Junior Gold Miners, which could turn bullish together with gold of-course and other precious metals. I think if it eventually goes the uptrend, it will hopefully do it continuously like the downtrend...
$GDXJ Preparing for lift offTriangle is getting ready to be resolved to the upside. Can zoom to 50 in quickly as $GLD perks up.
GDXJ volatility the volatility of Gold never been that low, something might be happen, maybe going up
GDXGDX has been in a bear market with Gold for some time. The chart is still in a range bound chop, but a minor trend line has been cleared. Next up is to attempt the next higher trend line, then finally take out the long term down trend line.
GDXJ Bullish CypherBullish Cypher Measurements
- .382XA
- 1.414AB
- 1.618BC
- .786XC
- We are also seeing bullish divergence on the volume weighted MACD.
*Bought May 32 Calls for $2.00*
Long GDXJ (JNUG) until 1.618 fib extension of past bull wave85.3Dollar crashing, Trump risk, more-so US debt may be downgraded + crypto failing expectations.
GDXJ cup and handle breakoutGDXJ measured move to $38-$40 range. Everyone is expecting miners to fall. It is the dollar that is in trouble.
Miners face rejection or explosionThe general trend line would indicate that a reversal is imminent, especially given the bullish sentiment of the market and the unusually high price of gold. That being said, geopolitical unrest or White House BS could send it higher - though it would have to be significant.
AMEX:GDXJ AMEX:JNUG AMEX:NUGT AMEX:JDST AMEX:DUST
4h TrendShort signal at todays open. Tomorrow could fill this mornings gap before heading lower. ($JNUG,$GDX,$NUGT)
4h TrendTrend signal is still long from $31.90. Bull flagging here.Will watch for short signal below $33.90.
GDXJ - Gold and miners not ready just yetGDXJ - everybody long end of December. Me I just like to watch the world burn in capitulation.
