GDX's downtrend has cast a shadow over gold's price and last week we saw a determined continuation of the downtrend for the Vaneck ETF. The ETF's price broke through the support with an average volume of 26.52M for Friday's trading session and buyers made no attempt to by the dip. We've closed with full-body under the support and below the $36 level. In the days...
It's an extremely simple chart, but It does imply a pretty good RRR trading opportunity. These prices were last seen in 2013, so this is quite a significant break of resistance.
Cryptomaniacs crew! Like a wearying prizefighter, BTC is doggedly remaining in the ring despite appearances of fading energy. Bitcoin, along with the rest of the cryptocurrency market, is currently amidst an unmitigated period of indecision. Then again, you cant really complain about $10K BTC. Especially when global buyers have repeatedly stood their ground to...
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GDX has printed a Death Cross (MA50 crossing below the MA200) on a similar trading pattern as in 2016. The RSI price sequence is also identical, indicating that at least one more bearish sequence is due. With MACD turning at -0.277, it is an optimal opportunity to short. Our TP is 19.00. ** If you like our free content follow our profile...
Find Winning Trades In Seconds >> efcindicator.com (Special Discount) VANECK VECTORS GOLD MINERS ETF (GDX): All The Pivots, Supports & Resistences
The Indonesian stock exchange is down and so is Vaneck's Vector Indonesia fund (not just stocks). There are signs of a post-corrective rally in the Jakarta Composite Index 45. On the face of things however, it seems hard to make the same determination about Vaneck's Indonesia Index as it appears to have just completed wave A down and some of the way through the...
VANECK VECTORS RUSSIA has broken the monthly descending wedge with a bullish divergence. Now it seems topping with a bearish divergence for a possible test on breakout area. After the correction i'm expecting a strong wave to the upside. Possible target on chart.