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Categories:Gold / Gold Stocks
Momentum Stocks
Swing Trading
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7-31-20 As GDX could still reach $50 in this cycle, gold could cross resistance as well. RAISING CASH IN GOLD MEANS TAKE SOME PROFITS, KEEP A STRONG CORE POSITION. DO NOT SELL THE ENTIRE POSITION, JUST SOME. That profit gets redeployed during the next down cycle.
7-28-20 RAISE CASH for the pullback. There%27s a chance it could be shallower, like $1800 instead of the Thirdeyeopentrades projected $1600-1700 zone.
7-13-20 Bob Hoye sees a potential peak for gold around July 24th. Support at $1760.
7-8-20 Gold has launched into the $1800"s, target $1900.
6-29-20 Gold broke out of its channel "chop zone" consolidation as it sets sights on the $1800"s.
7-22-20 YOLO is outperforming MJ
7-19-20 closing in on Target 1.
7-13-20 Is a double bottom in?
8-4-20 Hit Target!
7-13-20 Earnings Season begins.
7/6/20 The island gap above has filled, leaving a wider consolidation.
7-22-20 Screaming silver wants to run to $26. May consolidate a bit.
7-19-20 Silver wants to reach $21 anyway. May consolidate under $20 for a bit.
7-13-20 Don%27t like the money flow negative divergence.
7-9-20 Silver broke up thru resistance on volume, heading toward $21.00. May test $18.75 area for support.
7-7-20 Silver needs to take out $18.75, then it can set its sights on $21.00.
6-30-20 Getting a bit frisky.
6-29-20 Silver is still consolidating sideways above its 200-day moving average. Relative strength is good (above 50).
7/9/20 Silver strengthening versus gold is bullish for the sector.
6/30/20 Silver strength may be beginning another wave upward.
6/29/20 Consolidation continues, gold stronger than silver.
6/16/20 The sector does best when silver leads gold, stronger bull moves in stocks. Could be a bullish consolidation forming again. Relative strength holding above 50.
8-5-20 Hit Target!
7/19/20 consolidating sideways under $290.
7/6/20 Breakout from symmetrical triangle.
7/22/20 YOLO is outperforming MJ by a long shot since the March bottom.
7/19/20 money flow improving.
7/13/20 Not as popular as MJ, but a different mix of 420 stocks. Looks good here, stop under $10.14. Money flow still poor though.
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