The channel from June is doing its work and everything continue bullish. The gold sector and the miners.
So around the 10th of August we can meet a new top in the channel, that can also be an important top, because the possibility of a touching the top line of a major channel.
But, all of this is just to be cautious. Gold and miners would do what they want.
GDXJ/GOLD Ratio could be around 0,034, that would mean Gold should reach a target somewhere between 2.050 - 2.100 That would fit the sector.
One thing follows the other.
One of the most difficult thing is to follow a sharp trend like the one we are since June. It´s hard because you don't have to no "nothing". If you are an investor, its easy, because that's your attitude, but if you are a trader you look for retracements or even worse, for reversals, tops, and so, and finally you chase the trend. That was my case and a lesson to learn. That's why it is said that buy and holders most of the times do better that traders.
I´m full long since Friday.
But this is so crazy that maybe on Monday I´m regretful....Mean while....relax and enjoy the summer
youtube.com/watch?v=nliRP8aOkrI&list=OLAK5uy_lKDl8TDNPTsFrQchVN8CSE8tgQn0vSzkg&index=10
So around the 10th of August we can meet a new top in the channel, that can also be an important top, because the possibility of a touching the top line of a major channel.
But, all of this is just to be cautious. Gold and miners would do what they want.
GDXJ/GOLD Ratio could be around 0,034, that would mean Gold should reach a target somewhere between 2.050 - 2.100 That would fit the sector.
One thing follows the other.
One of the most difficult thing is to follow a sharp trend like the one we are since June. It´s hard because you don't have to no "nothing". If you are an investor, its easy, because that's your attitude, but if you are a trader you look for retracements or even worse, for reversals, tops, and so, and finally you chase the trend. That was my case and a lesson to learn. That's why it is said that buy and holders most of the times do better that traders.
I´m full long since Friday.
But this is so crazy that maybe on Monday I´m regretful....Mean while....relax and enjoy the summer
youtube.com/watch?v=nliRP8aOkrI&list=OLAK5uy_lKDl8TDNPTsFrQchVN8CSE8tgQn0vSzkg&index=10
노트
I expect a rise tomorrow Friday and on Monday. The top should be placed between Monday and Wednesday. No longer. Maybe a repetition of past performance, that means touch the top of the channel twice. It also happened with the bottom line this past Monday and past Thursday. I had faith in the channel when the price touched the bottom last Monday, so the channel deserves the same faith from me when price touches the top next week... and I will sell all my positions.
Good Luck and good night
노트
I expect the price to be between 69 and 72노트
Things are getting ugly..노트
but still long.노트
We are out of the channel from June and everything is risky now. Could be more fall in the following days. Still some support at 60,35 or so.거래청산: 스탑 닿음
Exit. It could go either way.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.