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GLD

Bearish on Africa Gold minerWhy the Bearish on Gold miner? Africa is shut Down for 14 days!, all mining activity shutdown! Most Africa based miners are DOWN!! Pending follow up with more EURO shutdowns. sooo? SOOOOO, This company is up because Gold is UP, Please buy it because they think it's GOLD! EVEN So, people only buy gold due to fear of recession bets and fear of the weak dollar. But guess what? GOld will crash if we have a flash crash anyways!!! that means, we will win, if market crashes hardcore, and we would win if market continues to rally up and cancels recession fear. Win WIN AU- Short Shares IDEAL on Short entry - $24.50 Buy to cover $16.23 buy to cover Trailing stop $4
NYSE:AUShort
by WallSt007
4
Gold broken out for next leg rallyGold, as it appears, has broken out. System Buy signal should be along shortly, Fundamentally, on the back of a topping equity market, and the Fed statement that QE infinity and low rates will be around until 2023, it probably triggered some Gold buying. Technically, after bouncing off the 55EMA, Gold apparently broke out of the triangle, and MACD crossed up in support. Look for the MACD (signal) to crossover above 0, and further price upward movement with momentum and volume (commitment). Immediate upside target over next two weeks is 1850, with a higher upside target of 1970 by mid-August. Note the previous ideas posted about Gold, as the breakout develops. A good learning journey...
TVC:GOLDLong
by Auguraltrader
Gold (USD) daily- Rectangular top within a Right-angled broaden'Gold (USD) daily- Rectangular top within a Right-angled broadening formation. Rectangular tops (are Horizontal Channels entered from the bottom)- Have a 63% probability of eventual upward breakout. Further details: thepatternsite.com Riaght-angled and Broadening Formations- Have a 54% probability of eventual upward breakout. Overall, a poor chart formation performer for both upward or downward breakouts. Futher details: thepatternsite.com
OANDA:XAUUSDLong
by platinum_growth
2