ON92

ON92

The tension with North Korea helped the gold to spike to some nice highs, but the RSI indicates the reversal, also the "touch and retreat" with the upper resistance zone strongly implies we will see some great downside. I shorted at 14/8 by buying some DUST.

ON92

Expect it today to break below the trend-line. if it happens, we might see some great downside momentum.

ON92 Updated 

NGAS didn't have a great summer, but the fundamental supports the continuation of the upside momentum. I expect the chart will "breath" a little bit before the rally will continue, so today (15/8) we might see some profit taking but tomorrow the rally will continue.

ON92

.NatGas finds support at the bottom of the tunnel. Good opportunity for long.

ON92

It is struggling with the 300MA but finds support at the trend line, the fundamentals supports the upside momentum as the site "Celsius Energy" estimates Ngas to be undervalued by 8%.

ON92 Updated 

We have broken the mid-uptrend line, and it seems like we will correct to the main one. Probably we will find support at 2.875 and then we'll go up again. Stay tuned.

ON92 Updated 

all in the graph.

ON92

very unpredictable Natural Gas. It's having hard time breaking the upper resistance line, but doesn't seem to have enough sellers to break below 2.8 levels.

ON92

It seems like a great opportunity to short gold, but I would wait for the end of the day or even until tomorrow to see how it will act.

ON92 Updated 

SL below support line, as soon as it breaks it. 1240~. TP 1 - 1282 TP 2 - unknown. GDX will follow

ON92 Updated 

it seems like the main trend-line has been changed. we are going to play on high-lows in the short range tunnel.

ON92

NGAS broke down the support line (black dots), but finds support at 0.382 fibonnaci and some trend line I found. I wouldn't like it to meet the 200MA, but if it will break down from that support- it might happen. it will rally on the following days, that's for sure

ON92

fundumental seems weak, charts are confusing, but i'm long on that one. Hopefully it will support my estimated rally and go up, and it better be soon because if it will tag the 200MA it will cost a lot.

ON92 Updated 

if it will break above the 0.5 resistance, it might climb to 0.618 resistance and then it will be a good chance to short as it will meet 0.618 + 29MA + 200MA.

ON92 Updated 

If it won't break above, My suggestion is short until 0.382 support line.

ON92

broke the support line

ON92 Updated 

I updated the resistance trend-line. It tested it yesterday and I'm looking forward to see what it's gonna do today. If we look at GOLD, it is not a good sign for a bearish move today in GDX If GDX breaks today above the triangle, I will close the trade.

ON92

if the weekly bar next week will break the triangle toward it's upside, it will confirm the bullish momentum. If next week bar will not cross the trend-line and will be red- it will be a sign for a continuation of the bearish momentum.