GDX: Time at mode uptrend with two targets
تم تحديثه
GDX has traced a nice accumulation pattern, after the monthly downtrend expired in September 2015.
It's currently confirming a time at mode uptrend which aims for two possible targets, 23.21 and 30.67.
Considering the monthly downtrend mode resistance sits at 23.89, the first target seems way more likely to get hit.
I'm long from a discretionary entry I took a day ago, but you can enter either now, or on a slight retracement, with stops under 19.51.
Good luck if taking this trade.
Cheers,
Ivan Labrie.
It's currently confirming a time at mode uptrend which aims for two possible targets, 23.21 and 30.67.
Considering the monthly downtrend mode resistance sits at 23.89, the first target seems way more likely to get hit.
I'm long from a discretionary entry I took a day ago, but you can enter either now, or on a slight retracement, with stops under 19.51.
Good luck if taking this trade.
Cheers,
Ivan Labrie.
ملاحظة
GDX might outperform gold by 10 to 30%.
ملاحظة
Good progress so far, I'm in from 20.72.Let's see how far it goes.
أغلقت الصفقة: تم الوصول للهدف
Target #1 hit, if it retraces we might be able to go long again.I'd tread carefully, considering where gold is sitting currently.
تم فتح الصفقة
Retracement came, long again.أغلقت الصفقة: تم الوصول للهدف
Boom, nice dip buying right here guys.تم فتح الصفقة
Taking a short miners, long GLD pair trade is wise.
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.