XAU trade ideas
XAU Index: 204 Weekly x 340 Weekly SMA -Not Since 2004 - BULLISHXAU Index: 204 Weekly x 340 Weekly SMA -Not Since 2004 - BULLISH
JNUG - Yup, buying more here... I guess i'm addicted to goldJNUG - Yup, buying more here... I guess i'm addicted to gold
XAU Weekly MA's Must "FAN" out for Peak... Just the Beginning!!!XAU Weekly MA's Must "FAN" out for Peak... Just the Beginning!!!
Gold/Silver corrects down 11% before resuming uptrend.I believe gold/silver corrects down about 10.90% before resuming uptrend. Using XAU to track the PM sector.
As you can see, XAU has hit some resistance at the highlighted fib ring and looks to correct down to the starred area. There is quite a bit of confluence there technically speaking and fundamentally as well with that point in time being one week after the Fed FOMC meeting. I believe it finds support there before resuming the uptrend.
XAU Gold Miners - Short Term Peak @ Late October Fed MtgXAU Gold Miners - Short Term Peak @ Late October Fed Mtg
XAU Gold/Silver Miners Near Term Target 500 Week SMA???XAU Gold/Silver Miners Near Term Target 500 Week SMA???
XAU Mega Bull Looks like 34>500>204>340 (Not Even Started Yet)XAU Mega Bull Looks like 34>500>204>340 (Not Even Started Yet)
Continue to Test Daily Model - Gold Peak Strongly Set 4 Sept2021Continue to Test Daily Model - Gold Peak Strongly Set 4 Sept2021
Gold Miners really have nowhere to go but UP, per long term MA'sGold Miners really have nowhere to go but UP, per long term MA's
Looking @ Profit Target/Peak 4 Gold Miners (JNUG) @ Sept Fed MtgLooking For Short Term Peak In Gold Miners (JNUG) @ Sept Fed Mtg
