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Goldstocks

I'm Going Bear. (GOLD)I am shorting gold with roughly 2.5% Stop of 1750. Weekly starting to whip around and we keep hitting off of upward resistance. Would be nice to get a drop off to the bottom green line of upward support. If I do get stopped out it's not a big deal. We always play 1-3% stop. 3day is firing red with a Crossover and ema dots are firing red. Want to see some sell off pressure to get that weekly to trigger for a nice bearish close. Best of luck, 🥇MLT | MAJOR LEAGUE TRADER
TVC:GOLDShort
by UnknownUnicorn2319099
5
Ascending Triangle breakout for ORSU?Orsu metals released some interesting & pretty impressive drilling results on multiple holes in Russia, indicating they've "struck gold," for lack of a better expression. I'm not great at reading drilling results from Gold mining companies, but I can read the charts fairly well, and apparently the market likes the results, so far. An ascending triangle is a chart pattern used in technical analysis, It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside. Ascending triangles are often called continuation patterns since the price will typically breakout in the same direction as the trend that was in place just prior to the triangle forming.
OLong
by ScotianBot
$AUY can rise in the next daysContextual immersion trading strategy idea. Yamana Gold Inc. operates as a precious metals producer with gold and silver production, development stage properties, exploration properties, and land positions in Canada, Brazil, Chile, and Argentina. The share price rose after good earnings. I see some preconditions the share price will continue growing. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price in the next days. So I opened a long position from $5,48; stop-loss — $5,10. Information about take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
ALong
by KozakHlib
Could WPM Pass that $45 Threshold -> To the Moon!First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into a few key insights. WPM had its 52 week high recently, is a relatively low cost gold stock compared to companies like RGLD, and is on track to potentially pass a $45 threshold which would be an all time high for the entire history of the stock symbol. It does seem to have a lot of potential at this moment.
NYSE:WPMLong
by gamer456148
1
RGLD: $140+ Short (Expected Positive Earnings Call)First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into my insights. I do expected Royal Gold to have a positive earnings call in the upcoming 5 days, and currently it already is on a bullish curve with many investors giving it buy ratings. This is why I am calling at least a $140 short target and saying it has some long potential with low to medium risk.
NASDAQ:RGLDShort
by gamer456148
1
Gold Approaching Major Resistance. (GOLD)I have your upward expanding channel drawn. 1690 current support. 1735 current Resistance. I'm getting potential cross to downside on daily but we need to see how 1690 wants to hold. Gold has been doing very well but we need to play these all time high Resistance levels with due respect. We are hitting the top expanding wedge Resistance circled in red. I think you want to let it breathe here a little bit and play these breaks. Definitely I'd learn towards the drop to bottom of pattern green box. A break on 1735 to upside I'd look to play that 1786-1790 level break back down and see if we can start to begin a sideways range in these levels. Hope this helps. Never give up and never stop learning how to trade. Anybody can become a successful trader. Stay dedicated, don't marry a trade that goes against you. Cut losses when needed to be done and stay patient! Let the trade come to you.
TVC:GOLD
by UnknownUnicorn2319099
Gold - on 8 years old all the time highGold on all timeframes is a bullish scenario, but we have to keep in mind that we are 8 years old all the time high. There is not enough physical gold - the gold derivatives markets may have the same situation as oil, only in the opposite direction. If shorts can't deliver the bullions required by futures contracts, expect huge volatility and panic in the market. Many ETFs on gold guarantee physical strength, but as much physical gold is simply not in the world as many derivatives on it. Futures contracts can be secured with gold, which has not even been mined in the mines yet, but will be mined in the near future, but this future may not come so soon, given the quarantine of gold mines. Whoever trades futures and wants to sort, make sure you understand the terms of the contract if your shorts can't be closed by the market. Dear followers, the best "Thank you" will be your likes and comments!
COMEX:GC1!Long
by S_Kos
2