PMGOLDWave B with an expanding triangle is forming. It has broken out of the triangle pattern with a good volume. THE MARKET STOP WHEN IT HIT THE UPPER TREND LINE.
RSI and MACD looks good.
Key stats
About PERTH MINT GOLD
Expense ratio
0.15%
Home page
Inception date
May 9, 2003
ISIN
AU000PMGOLD8
PMGOLD is designed to track the international price of gold in Australian dollars and offers investors a simple, low cost way to access the returns on gold.
PMGOLDAfter the wave B correction, it is ready to go for another leg of wave c which is downward impulse.
*not a trading tips. wave count might be wrong
PMGOLD Daily- Gold ETF also forming a Symmetrical triangle. PMGOLD Daily- Gold ETF also forming a Symmetrical triangle.
Sometimes, the Gold ETFs form in advance a hint of technical insight ahead of the main underlying commodity- not this time!
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