JAY_c5velm

JAY_c5velm

This is how I see gold currently. That is, in the top of channel, waiting for a correction. Don´t know exactly how deep. Maybe not too much, arround 10% or so, is possible. It could unfold similar as the first one back in 2019. Lets´see. Good luck.

JAY_c5velm Updated 

Gold possible coming up leg

JAY_c5velm Updated 

There is a correction on place. This is another scenario. GDXJ could fall minimum 42, and not lower than 38 range. I´m comparing it to what happened last year.

JAY_c5velm Updated 

Since last Friday, I expect a new leg up in the gold stocks. Minimum target the top channel. If new gold leg up is stronger gold stocks could go higher, surpass the channel and then correct. I expect this leg to last at least three days or so. Then..... Following previews patterns, consolation for a few more weeks, but unless there is very sharp upleg...I don''t...

JAY_c5velm Updated 

I will share my thoughts. I´m fully invested in gold stocks. My chart indicators "tell" me. - Daily charts have corrected and also is expected a rising in stocks next weeks. I expect that we finally reach and surpass the 48-50 level. About a 10% rise from today levels. - A daily full stochastic is "telling me" that we are in course of a correction (that´s true,...