Still riding UGL?
Miners retesting breakout on weekly. Looks like another bullish setup for gold and gold stocks.
gdx break.JPG
Gold is looking ready to make another move, although there are some open gaps below that I'm not crazy about.
I bought some UGL this morning at 51.36 looking for the 2019 prior pattern (double bull flag) to repeat itself.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Still riding UGL?
Miners retesting breakout on weekly. Looks like another bullish setup for gold and gold stocks.
gdx break.JPG
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Can't bring up chart right now, but forced selling in metals may have capitulated today. Big money sold their gold to raise cash.
Markets in general should start to find a floor here.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Is UGL (2X gold ETF) giving another opportunity to buy near inv. H&S the breakout levels? It also filled that open gap today. There is another open gap down near 56.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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