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GDXJ

GDX, is this a forgotten treasure?Hello everyone, So Gold is finally back in a buy/accumulation zone, even though DXY may have more room to run I doubt this will translate in to heavy downside for gold. 1650 maybe? However, the stars look alligned once again to buy gold, or in this case GDX (Gold miners ETF). You can see the trade parameters in the chart. But this is definetely an opportunity like no other, whilst everyone is still lookin at Bitcoin, or Stocks, nobody is expecting a resurgence from gold at this point. However as we see volatility is not dead and gold does like volatile times. Even though this trade will take patience, and most likely won't payoff like crypto. The optimal upside is around a 150%, and in a mania case 400-600%. And the risk is -25%, I mean, it's a casual day in crypto or even stocks these days... Buying now is like buying BTC at 10k. Which BTW i've also advised in doing heavily. It's the same mantra as always - Buy low, sell high. However, most will do it the other way around. Also check out my other ideas, even though I don't post often. When I do it's usually when things are CHEAP or EXPENSIVE. As always, stay safe and stay liquid.
AMEX:GDXLong
by MedianLineAnalysis
GOLD NEXT WEEK #09Weekly Forecast Topics: 00:00-02:42: Market sentiment, bond selling, lack of confidence in U.S. Gov. starting to show. Brief Summary of week 08. 02:43-06:18: Price Action forecast = targets. Stock's looking favorable and which one's to chose? 06:19-07:25: I'll answer questions, Share some of my own stock pick's etc. About Gold Next Week # A weekly 3-10-minute forecast video on Gold price for the coming week. I'll also follow up with charts throughout the week as price action develops patterns and pivot reversals points. Topics - Market sentiment, Gold Shares, EFT's A-z, $DXY/Dollar and US10Year T-note System: I use a hybrid blend of Wave Principle price action, Fibonacci ratios, RSI indicator and some Market Data. Disclaimer: nothing talked about in this video should be regarded or seen as trade advise, a trade call, a recommendation, or a trade signal. Do your own due diligence or seek advice from a licensed professional before entering a trade. Best Regards OmarDjurhuus
OANDA:XAUUSDLong
by UnknownUnicorn212178
3
GDXJ - Possible BTD Opp - Monday 2/1GDXJ has been on a downturn, but rose as the market took hits the past couple of days. Day timeline still points for a small dip (possibly as the market rises early on Monday), and then a rise (as the market begins to fall. Stop Loss/Invalidation is at the previous .786FIB Minimum rise should be to .618Fib of most recent breakout (reverse would indicate false breakout again) On Day timeline it shows as a breakout on a downtrend. Minute and Weekly timeline indicators still point to a bit more to pullback before the upturn. *NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
AMEX:GDXJ
by N0tSwift
Nerves of Steel and the more pacient than Santo JobThis cabroncete market is made to test the nerves of all of us. Whit sudden moves that reverse sharply in hours....I love it 1) Do I believe we are in multiyear bull market in gold? Yes. Many evidences say so. The fact that is gaining value against all mayor currencies, for example. 2) Are we in a correction? Yes. And it takes what in takes...and in the future if will be worse. As the bull evolves, correction will last more time and would be wilder. 3) I believe we are at the end of this correction. In fact, indicator that i use have gave a bullish signal weeks ago, but we are reversing and not yet explode. 4) If past performance is a clue, well, we will witness soon, maybe next week (the first of August) a move up that should end in the range of the past top. That is what happened in the past. This move should be fast, and firm. 5) Could we go back to 1700 or even less? Well, anything can happen of course, but I don't think so. - First: The event of past March wast something rare, unique, because of its violence. Something that never happen before. And affected all the markets except Natural Gas, that is so crazy that doesn't need any virus to behave like a drunk. So, if this happen again, it would not be so rare and unique, it would be a yearly event. And it is not. So, that type of event could happen again, but due to another estrange circumstances. - Second: Past Performance, and I mean the bull market in the 2000s, suggest that it SHOULD NOT happen, because it didn`t happen in the past. But now, actors and performance are others. Anyway, Its the only reference. I mean taking gold back to those prices would break the bull technically. So patient, and more that that with this virus around. And now ... "After the Gold Rush" www.youtube.com
OANDA:XAUUSDLong
by JAY_c5velm
2