Bullish Divergence On Monthly RSI 80% Upside PotentialThis is a Bearish ETF that goes up 2 times the amount gold goes down and im currently bearish on gold and believe this ETF will go up 80 percent as a result of gold's decline
GLL trade ideas
A 40%-60% Pump Looks Probable as we Move Above the 55 Week SMAThis looks like a Higher low double bottom that has been confirmed by a move above the moving average and
The Stochastic RSI is in the oversold range and looks ready to attempt a bullish crossing.
We will likely see a rally to the last major resistance zone around 50 dollars.
GLL Inverse Gold ETF -- Looking For Confluence on Gold With EWtest
ProShares UltraShort Gold seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Bloomberg Gold Subindex
GLL 3 hour brschultz model places Gold Price Peak Sept 2021JNUG looks to remain strong for next 24 months
GLL - Gold Shorts - brschultz weekly model places low Oct 2021Expect Gold to Soar into late Q3 2021 (would be almost precisely 10 years from 2011 peak).
2 years for Gold to run sky high (thus gold shorts would bottom in Oct 2021)
I will most likley sell my entire JNUG stake in Oct 2021 (from my big buy in late May 2019 when XAU was closing below 70)
GLL nearing long term support buy areaonce Geopolitical issues work there way out of investors thoughts
this should head up as gold tanks 50 to 100 dollars as money pours back in stocks
GLL -2x GOLD DAILY RETURN ETF, BULLISH SETUPProShares UltraShort Gold (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of Gold bullion as measured by the United States dollar p.m. fixing price for delivery in London.
Look forward for further upside action (correspond Sell XAUUSD) in short-term.
Time horizon: 2 months.
