I feel a flash crash coming on, similar to Covid - wouldn't surprise me if Birdflu was the catalyst (see my NASDAQ:GILD idea). The patterns line up exactly the same. You can't see it with this picture, but tons of my indicators are going off -which I will post below. Silver Miners will exit the ascending triangle this go around as the commodity supercycle takes...
I don't think it's quite their time yet, I see a fall, a month of meandering, before launching and hitting my green target.
It's time for precious metals to take a cooler. I noticed AMEX:JDST 's options for $5 is off the chart compared to other months. I bought calls for .20 for $5 strike price in September. I anticipating these going to 2.00 by then which is 1000% return. I also think AMEX:DUST is worthy of buying at these levels too - except they don't have miners, but I see a...
It's time for precious metals to take a cooler. I noticed JDST's options for $5 is off the chart compared to other months. I bought calls for .20 for $5 strike price in September. I anticipating these going to 2.00 by then which is 1000% return. I also think DUST is worthy of buying at these levels too - except they don't have miners, but I see a 500% return for...
Gold is double topping, will fall into the summer, before taking off. If we over-extend lower to the $2,000 level, then it'll be in fall that gold takes off. Taiwan war cancels this plan. A birdflu pandemic doesn't.
DUST is in a Symmetrical Triangle which means the Price has the chance to be Both Bullish and Bearish. No break out Has Happened yet So We Can not Determine the Trend Yet But It should Happen Soon. price in Bullish Scenario will be Reach around 0.27 and in the Bearish Scenario It will reach 0.13. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _...
Dust looks like it's putting in a bottom to me. Also, there's a big falling wedge forming. If we see a breakout of this pattern (which I think will materialize over the next week or so), I think we'll see a sharp move higher in $DUST and miners should fall quickly. I'd be targeting the $17 resistance level as the target. Let's see what happens over the next few weeks.
If you belive gold will correct and the dollar will go up first half of 2023. Buying dust might be a opportunity. The setup and cyles looks nice. I am waiting for volume and a swing low with short term avrages and oscilators confirming the move. Also the dollar must show strength. Last COT data must show signs that the smart money is flipping the trade. For more...
2x leveraged fund shorting gold miners breaking out on the weekly time frame
notice the 2 previous bearish cypher patterns. The 1st pattern of the (X) leg appears to be acting as support. I'm looking for gold to get above the 2nd bearish cypher pattern, and Test its X leg for support. If it hold then Im looking for gold to breakout again above $1800 and retest $1840-$1850 area The AD earlier this morning showed me an ascending triangle to...
$jdst currently is showing a bearish cypher pattern on the 4hr time frame w/ an overbought stoch rsi. My Target is A Leg I do have Put Options on the bearish 2x leverage gold etf... I have a short term gold target of $1840
looking on the 1hr and doing an elliott wave count, I see one more possible retest to 2040 from the bull flag c wave up both bull and bear. I would look to reshort from this point
The weekly price action of the S&P 500 is also showing a bullish butterfly pattern. however, for this price action to continue, the lower time frame also must establish the same pattern. In addition, naturally a rejection from B leg, forms a base, and potentially leading us into a high probably cup and handle breakout. I like to trade the money flow, as it first...
..well at least to me it does. This is weekly chart on USAS but wow.. this looks like a deal. I believe we'll see this one over $11.00 in a few years. I believe this to be a very good value.
The metals have been stuck in a range for quite a while. Gold Miners ETF (GDX) appears to have made 5 waves up since the crash in 2020 and formed an ongoing complex correction. What do you think? Has GDX bottomed? Take note of the lower stoch/rsi wavetrend indicator and the broadening nature that has occurred since this correction. This looks like a hidden...
Gold is setting up for a short, look for rally to sell into. Rsi is about to hit 80-90. yellow zone for long entry.
Will place a buy , tight SL It looks like best support to buy.