BEI

BEI

Don't buy it just yet, wokring some oversold levels

BEI

The divergence did not play out although two attempts to cross EMA21, waiting for double bottom play since divergence still intact, look for RSI ~= 30 or green are zone break, purple and red are profit taking / closing zones

BEI

First target is 540, evaluate situation then

BEI

Some divergence on daily, waiting for confirmation though

BEI

This is 100% technical analysis

BEI

$GDX $GLD $SLV

BEI

SPY

BEI

This breakout is part of a bigger pattern too, might test the weekly DMA200 but until then let's take it one step at the time, Short term 47.5 - 50, after that double top and after that 70 and maybe 84

BEI

Same views than last chart, with updated levels and price action to watch

BEI

I saw some studies on JCP here on TV, at 12 dollars it had potential to form bottom low, but now that it broke support next buying level is 5.12 dollars, i will be certainly buying at those levels

BEI

Weekly divergence is catching up, this is what might be in play for metals, timing is subjective, but levels are good IMO

BEI

Target will be between 163-160, watch for orange trendline and daily moving average 200 for better signs of next rebound before real correction starts, this one will certainly retrace to 168-170 area before breaking 155 lows Keep shorting as long as VIX over 14.54, and wait for prices to hit 21 certainly on this move

BEI

Might bounce a bit but you get the idea

BEI

Maybe another short opportunity coming, BTW i am still Long term Bull, i don't believe in 1100 / ounce of gold. So cautious and not greedy at all on this one

BEI

What i am looking for

BEI

Some candle top formation at this 173 level i previously stated like potential reversal. First target would be 160 ish, breaking the green trendline and certainly bouncing on BB-- weekly. After what prices might take a pause (dead cat bounce?) to BB median on weekly and fail there to fall more and complete the correction cycle, long term levels are 148 and orange...

BEI

Here or a bit higher

BEI

targets on charts