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ROYAL GOLD INCROYAL GOLD INCROYAL GOLD INC

ROYAL GOLD INC

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RG3 trade ideas

RGLD - 7 months HEAD & SHOULDERS══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
NASDAQ:RGLDLong
by TheArtOfCharting
🌟 Royal Gold (RGLD) Positioned for Growth in Precious Metals!Royal Gold (RGLD), a precious metal streaming company, is positioned for continued growth, expecting increased annual revenue. Factors contributing to this growth include higher gold production at the Cortez Legacy Zone, acquisitions of new Cortez royalties, and elevated prices of gold, silver, and copper. RGLD is projected to achieve a robust 30.2% growth in EPS. The bullish stance on RGLD sets an entry target above $102.00-$103.00 and an upside target at $145.00-$147.00.
NASDAQ:RGLDLong
by Richtv_official
035. PIGGISH PLAY - Long Royal Gold Inc. (RGLD)Royal Gold Inc. is now positioned for the holy grail of bullish baggers. The bags on this trade are so big that I had to steal a pot from some greedy leprechaun in order to fit all the potential gains in one location. For a visual perspective of the potential gainz on this trade, see the upper-right-hand part of the chart for the 'Pig Pot'. I also sometimes keep weed in there, so please leave that bag alone/let me know if you happen to find it. I. Fundamental Briefing: This will be the second Pig Play in a row where I touch upon the fundamental situation of the underlying company's financials. I usually prefer to keep it technical because that is the only moral basis to take a trade. But the fundamental picture needs to be addressed for RGLD because it is actually undervalued. That's right - in what must be the frothiest market in American history, we have ourselves a SEVERELY UNDERVALUED stock that just released a heroic quarterly report. Not only is this company operationally best-in-class, but it just cleared the remainder of its payable notes while also securing an enormous line of credit, if needed. This is an important detail because it hints at a potentially aggressive strategy with acquisitions and property expansions galore. For those less acquainted with the precious metals industry, there is a particular category of company that operates as a collector-of-sorts, whereby it simply takes a royalty from operations on the properties it owns. These properties are usually large plots of land that contain one or multiple mines that are available for digging by the mining companies that have a contractual right to do so. Once the refined product is sold to third-party retailers (presumably by the mining companies, but could be other parties at times), Royal Gold proves its namesake by collecting a royalty at the time of sale. Aside from Royal, the other major royalty player in this space is Franco Nevada, which I also personally like, but is not nearly as undervalued as our guy here. The bottom fundamental line is that it's great! If you want to know more or don't believe me, take a glance at their latest quarterly numbers and guidance for 2022. II. Technical Picture: Much like what RGLD does, I have discovered the locations of the largest mines in the chart and identified them as such. The geometric form on the left side of the chart is a rather complicated arrangement of triangles and circles that are drawn to form golden rectangles and other such sacred angles. This sort of 'geometric' style of technical analysis is both difficult to teach and actually use for accurate projections. It is not a set of techniques that is practical to use intraday because of how time consuming it is to get precise projections. In any case, I have manipulated and contorted a few of the angles and distances to project out where the bullish and bearish landmine hits are likely to occur in time and in price. It just so happens that there are a string of harmonically-spaced LANDMINES set to explode in perfect order in the days and weeks to come. I will say that I've never seen such a perfect array of bullish line extensions like this and am very excited to buy and hold and do nothing for once. For the record, its laughable that people actually brag about their success with this strategy when there is legitimately nothing to it - especially if it is an alt-coin. To wrap this up before the opportunity disappears, the reason why this is so special is because there is a very high chance that you can use short-term options like you would any run-of-the-mill pure equity play. That is, between the dates of ~ February 11th and July 18th, there is hardly any resistance that will cause this move much trouble. If anything, it might delay the inevitable continues rally to 150+, but that can be easily dealt with by having the right options strategy (see next section). III. Pig Spec's and Other Entry Details: Unlike most of my plays, this one has farther-spaced contract expiration dates. There are only 4 to choose from between now and July 18th. They are as follows: a) March 18th b) April 14th c) June 17th d) July 15th - (its as if the makers know about the July 18th cutoff) The way I am going to play this is to distribute all of my allotted capital to the April 14th expiration. That is, 100% of the capital is going toward three different strikes, all for April 14th. I am going to enter these three strikes tomorrow, see below for details: BUY LONG CALLS ON RGLD (80% of Total Capital) BUY LONG CALLS ON RGLD (20 % of Total Capital) That is all for now, see reasoning section below for strategic explanation. IV. Options Strategy Explained: The way I would like to play this is to mimic the process of buying and holding equity with the expectation of higher prices and steady gains. This is mainly because of the very low probability that the stock trades below 115 for the period between now and mid-July. I am making this assumption based on some of the characteristics of the particular geometric structure of the chart and the timing of the major underlying trends in precious metals. As far as strike selection goes, 110 is an extremely safe level from here on out. As it stands today, the premium structure is such that you can pay proportionately the same for the 115 and 120 strikes without incurring an additional cost for this safety. This deal exists for the 4/14 110 strike, but it will not last, so I advise entering swiftly at some point during the trading day tomorrow. The only barrier for this strike is the higher cost per contract, which is why the saying goes, "it takes money to make money." Still, with the protection it offers in this spot, Id much prefer to own half the number of contracts with less than a quarter of the implied risk. To this last point of having to tradeoff between safety and number of contracts owned - the solution lies in the remaining 25% of allotted capital going towards the much more aggressive 130 strike for the same expiry. While I say "aggressive" with a straight face, it is a little comical to call it as such given some of the other plays I've made in the past. The point is that this trade is golden and proof of this lies in how un-aggressive the aggressive portion of the position is. Unlike the SBUX play, this one is slower and more methodical and may last until mid-July. Therefore, I do not foresee making many changes to the above setup, in terms of the options held. I will provide an updated plan around mid-March depending on how much RGLD moves from now until then. Otherwise, I will not provide mid-play guidance for this one, unless something extremely strange happens where gold gets outlawed or something in the next couple of months. America has outlawed gold before, so it wouldn't totally shock me. Sort of kidding, but whats great is that it represents the biggest risk that I can see with this trade. = Bagz Galore -King-Pig NASDAQ:RGLD AMEX:GLD TVC:GOLD TVC:SILVER FXOPEN:XAUUSD COMEX:GC1! MCX:SILVER1! AMEX:GDX AMEX:GDXJ FTX:PAXGUSD
NASDAQ:RGLDLong
by UnknownUnicorn5511258
16
Royal Gold (RGLD) BuyThe relationship between gold and inflation is particularly important. In times of high inflation, in fact, a significant increase in gold prices is usually observed, but this correlation is not always valid and not for all inflation values. In any case, however, gold represents a good defense in inflationary periods, since, in the face of a decrease in the purchasing power of money, gold is the perfect way to preserve one's wealth. Now, there are 2 ways to buy gold: - futures or ETC - buy stocks of companies that mine and trade physical gold Royal gold does not only deal with that, but with various precious metals. I purchased in early January and added on Friday with an average price of $ 106.21. The inflation to the top since 1982, the Ukrainian crisis, a further reversal of the market even at double-digit percentage is not at all impossible, for this reason, it is necessary to cover ourselves and if we do not want to do it with leveraged contracts, we must use shares or ETCs that they replicate the trend of the futures (and even there they are hedged for the long term). My hope is that if there is to be a crash, it will be fast, a V-shape as seen around the time of the first wave of COVID-19. We must instead hope that we will not have another 2008 because those are the worst years for the stock market. For the rest, for those who follow me, I have accumulated in the long-term portfolio, on the S&P 500 ETF, AMZN, FB, ABNB, and AAPL. On Meta, I will do a separate study, but obviously, for those who, like me, believe in the company and in the metaverse, this could be a great shopping period! Happy Trading Lazy Bull DISCLAIMER: I am not a financial advisor nor a CPA . These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
NASDAQ:RGLDLong
by LazyBull5
2
RGLD - Long Term SupportOne rule I have long "invested" by is to buy a stock when it is at or below its 40 month moving average. The 40 month is arbitrary, double the 20 month which is commonly used in Bollinger Band work. Nonetheless, the concept is that the long term average moves at glacial speed. Thus it will continue to rise over time until a definite trend change takes place reflecting negative fundamentals in the company. Even then, through the ever powerful regression to the mean effect, should the trend start turning down, chances are strong that the price will bounce back to the average and one can exit, albeit with some loss, but not so significant as the average's rate of change isn't rapid. Royal Gold is a gold streamer, a middle-man in the delivery process. My portfolio holds, GLD; a streamer, RGLD; and a miner, GOLD. Same thing in the silver complex: SLV; a streamer, WPM, and a miner, PAAS. While I have been playing GLD and SLV with specific price targets in mind for the year, $35 for SLV and $220 for GLD, I tend to do LEAP option spreads, now adding positions in the June 22 time frame. For the streamers and miners, I tend to be outright long either with the stock or LEAP options. Their upside, based on historical review, can be enormous. In some of these stocks, looking at the Jan 22 option prices, the premiums are high so I tend to buy the stock instead. Prices may get a bit cheaper as I look at interest rates and the dollar. Rates look to be headed still higher yet but with resistance coming soon. I'll add the charts in comments. While these both look to be headed some higher, TLT, a 20 year bond ETF, is holding on the 40 month moving average as well. I added some this past week but still hold TBT LEAP options in the event that interest rates get away from the market. While the FED did nothing this week to tamp down rates, at some point I would expect that they will have to come in and take action. The market seems to want to test their resolve. With $28 trillion in debt, the US government cannot afford higher interest rates. WIth Janet Yellen, former Fed chair, at the Treasury helm, one can only expect a continued flood of money into the system, lowering interest rates, crashing the dollar and sending precious metals higher. It's just a matter of time.
NASDAQ:RGLDLong
by Glewis54
4
Inverse Head and Shoulders Falling wedgeSomeone asked me if I was bullish on this..So I looked again..and saw the inverse head and shoulder pattern... This one went down with a vengeance...volatilility noted by long wicks and tails on the candles..it does appear to be fighting though.. Falling wedges at the bottom of a downtrend can be bullish when price breaks up and out.. There is a bullish divergence on RSI as well.. It has been bugging me because everyday last week there was large effective volume and a pocket pivot. I mean 5 out of 5 trading days last week which is definitely significant. Looks like tweezer bottom x 3 and there are some long top wicks trying to break through the R of the neckline noiw that I take a long, hard look at this one... I guess I was thinking BTC took gold's place, but maybe not..dunno. Sometimes we hear things over and over and that is when we start to actually believe the things we hear. Maybe that is what bubbles are made out of? dunno. Maybe digital currency will not throw gold out the window. I do think our dollar is very weak right now though. Maybe we will not all be driving an electric vehicle by Christmas? Maybe we will still have a power company instead of solar panels on our roof at the end of the year.. Maybe home sharing will not put all of the hotels out of business?? Perhaps marijuana will not replace traditional pharmaceuticals that are in use and replace alcohol as the recreational drug of choice? And maybe, just maybe, we will still go on vacations to places on planet earth verses outer space... Dunno..maybe it is BubbleNomics and we are all starting to believe it??? Some dreams are pleasant, some are nightmares though )o: A bubble is not always caused by the market being a overly optimistic on its assumptions. Bubbles may possibly be caused by a fundamentally different thesis in which the general view is that X stock will take over the world. Not a recommendation
NASDAQ:RGLDLong
by lauralea
1