hmmmmmm.. back to bullish trend . watch for channel break.
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:-) looking good
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2nd tp 1216. 3rd is 1237
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resistance turned support here sets up a different picture.. to the bull side.
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abcd pattern noticed in gdx and other gold miners.
50 day is close for a lot of the gold stocks.
50 day is close for a lot of the gold stocks.
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its a bad sign when the dead bears are switching bull all of a sudden... tsk tsk
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notice where price is.. and power of since wave trend :-) blast off very soon children. looking for abc to finish in gdx before gold price moves . miners will carry gold
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Harmonic traders need to learn how fibs work related with harmonics. Just because you can draw it doesn't mean it will come to completion.
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taking long at these levels are recommended with a loose sl . bull trend,.
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trend change soon :-)
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expect price to go bullish/(time) for the bulls to take control