Chart of The Day: Gold
Intriguing…
Continue reading » Tag: TA
Gold: Something Ought to Happen Soon
Given that gold looks to be consolidating (getting squeezed) in a pennant right now it shouldn’t be long before we see some real action, up or down:
Continue reading » Chart(s) of The Day: Part 2
The day isn’t over but currently both Lion One Metals and Irving Resources look to be creating massive hammer (reversal) candles at support zones on their respective daily chart. Looks like capitulation, if only in the short term… Irving Resources Lion One Metals...
Continue reading » Chart of The Day
Novo chart seems to be in the maximum fear territory (like 2017) and potentially making an inverse H-S formation (like 2017). Not investment/trading advice, just interesting…
Continue reading » Don’t Get Fooled by The Noise!
NOTHING has happened for Novo, LIO or majority of juniors, in terms of company specific reasons, that would warrant the big red candles today. It’s just sentiment/technicals tied to a declining gold price at work! Depending on the liquidity there could be one seller responsible...
Continue reading » Novo Resources: What I see, chart wise
As some people know I was hoping that Novo would stay a bit subdued until I could free up some more money but I gotta say that the chart is starting to look a bit scary for anyone who has been hoping that Novo would...
Continue reading » Chart of The Day: Novo
Just an observation of some chart similarities between now and 2017: … Now a zoomed in view of the indicators, just to show how similar they really are: The BBW indicator which measures volatility has only been this low one other...
Continue reading » Novo: Hourly Chart
Efficient Markets?
Just take a moment and consider the chart below. Is the market really efficient or is sentiment king in the short term and can make the pricing of securities totally irrational, especially at sentiment extremes? Does the chart makes any sense except from a human...
Continue reading » Silver: Interesting Setup
Last week I bought a small amount of Bull Silver certificates because I think the white metal is at a very interesting spot on both the short term (Hourly) and medium term (Daily) charts: Short term (Hourly candles) Medium term (Daily candles) ...
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