TradingCow

Speculating Pattern

AMEX:GDX   VanEck Gold Miners ETF
It is clear that Gold has been on a steady bear trend.
From the look of the pattern forming in the daily chart, it appears that the price is raising to form a lower high (purely speculative of course).

I'll need to see some clear lower highs before deciding when a bull trend comes along.

However, over a short period of time, there may be opportunity to catch a bull move.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.