GDXJ downNew cycle down in the sector: gold and miners. This are my targets for the next two weeks. The first two hight probability The last one (40) could be reached,If not from this drop, from the next one. GOLD ALSO DOWN 1920 1860 1820 targets Shortby JAY_c5velmUpdated 222
GDXJ Bull FlagGDXJ is showing some nice bullish divergence in the pennant of a bull flag on the 4hr and daily RSI. Upside is 30%+ and if it breaks down below the lows of the flag it'd be time to get out. This is obviously dependent on what Gold spot price does. So, if XAU decides to finally use that hidden bullish divergence to head to all-time highs, then gold miners are gonna feast too. Playing the odds.Longby MediumOfEscapeUpdated 2
GDXJ ArkGDXJ just broke out and is looking to make a run up over the coming years. Sell once it enters the box at the top of the ark. Longby Nexusfurian2
Also bear in minersThere are big gaps open up and down from current price. But price is filling gaps down while being rejected by gaps upwards. The sector is weak and I expect the downtrend to continue. Mercury Rev www.youtube.com So holes..that is the key. Filling price holes Target 28-30 for the last part of the year. Shortby JAY_c5velmUpdated 1
gdxj divided for xleits time to by gdxj and sell xle, sell oil and by gold and gold minersby dinoborger0
Arc in GDXJ / GDX ratio points to junior mining bullmarketIf you make a ratio of Gold Juniors to Gold Majors, you will find that there is an arc in the making since 2010. It looks like we are about to enter the fun side of the arc, where juniors outperform majors. This is historically often a sign of liquidity and luster returning to gold, in the form of rising gold prices, and risk securities outperforming. Got Juniors?Longby JaceStryker334
Gold miners breakoutGold has risen over the last year due to the pandemic, inflation due to excessive money printing and now the conflict in Ukraine. GDXJ - the junior gold miners have broken out of their down trend channel and has retested. Once the price of gold hold up there should be a lot of upside potential for gold miners. If they can control the cost of extraction then they will be able to enjoy a healthy spread on sales. As always this is not investment advice and you should always practice good risk management.Longby BlazingAxe1
GDXJ up!Think there is a high chance GDXJ could visit 50-52 in next next weeks with gold also rising to 1950$ Only with a weak gold and general market going down, GDXJ could move lower in the rest month (red target) Has tested twice a strong support 37$ and rejected. Think gold and GDXJ has legs. Mean while some music I like. www.youtube.com Longby JAY_c5velmUpdated 2
Junior Goldminers -> Off to the racesLooks as if Junior Gold miners have finally broken the year long downtrend and still got catch up to play to current Gold valuations. If Ukraine crisis continues to unfold for a few more days or weeks, I can't see this being just a fakeout. LONG AND STRONG.Longby enakocapital0
GDXJ CautionThings are not easy in markets. They lOok bullish at a time and one week late they are not so. Caution. They could drop hard again, with gold and with general markets. At last 40 is target for next week. After that...... lets see if there is another leg up with gold also rising to 20XX or not. All markets are going back to precovid levels. And gold hasn't yet. Shortby JAY_c5velmUpdated 0
Time for the Juniors to Shine AgainHere we have an extremely similar setup to late 2015, right before the junior miners went on an epic tear. Note the divergence in the dynamic RSI oscillator, and how similar the action now is to 2015. The ratio also just broke out against the S&P. Are you loaded up for this run??Longby HypnoticStrix1
$GDXJ looking pormising (3/5)Conviction: 3/5 May have a better entry point after more breakout from short-term channel (Aug 2020) Main Thesis Bouncing off MT support (2015) Breakout and retest from previous downward resistance (2016) (Blue) Risks RSI-W may breakdown to more attractive levels OR there may be another leg down for a bullish divergence Longby asdf098Updated 0
Explosive set up!Gold has been patiently consolidating for weeks. This balance area is reaching its maturity stage. Longby vossUpdated 1
GET OUT OF GOLD MINERS!!!Very negative pattern and a bearish cross is forming. I think there's go to be a final flush back to pre covid levels along with the stock market. The whole stock market is going to get flush out IMO.Shortby BigPippinSpendingGs0
GDXJ The LONG caseWe are still at the early stages of a long term bull market LONG now between 50 and 44 it's a good call long term and still get 200% and counting. A drop in gold and the miners is still possible. Falling below 43 opens the doors below. Then a retest off the blue line makes sense. LONG between 36 and 30. Now if it falls further below it, be ready to empty your wallets and pick up at bargain price. It will rebound because we are in a long term bull market. These dips should be heavily bought. If it falls below 30 we are in luck, but short term pain. The 200 weekly MA will be around 40 Weekly and daily MACD & RSI will be low. Currently trading below 200 daily MA GL & happy tradingLongby leameseUpdated 1
GDXJ Reminiscent of January 2016The GDXJ is showing bullish divergence on the weekly RSI reminiscent of January 2016. Then as now, we were at the start of a rising rate environment. The FED first raised rated in December 2015 and again in December 2016. We are due for a first rate hike in March this year. Will a similar move in gold & the miners follow?Longby ChartSpartan2
Long GDXJ Call Options - $50 strike / June/17After 18 months of consolidation and shaky global equity markets... gold's constructive (commodity price action) is showing that it is increasingly gaining acceptance as the place to hide. Spot gold looks to be breaking out and the equities are expected to follow.Longby vandmed0
GdxJ 100.00 target by 3qExpecting strong move starting now over the next 5/6 months to 100 target. Just broke above two major resistance levels getting ready to fly Longby Worldcat320dc0
More downside expected for miners.Miners should move down into January. Until the first rate hike stay short.Shortby Adven_Rader0
Closed: GDXJ January 21st 36/46 Short Strangle... for a .56 debit. Comments: Filled this for a 1.12 credit (See Post Below). Out today via good until cancelled order to take profit at 50% max with 29 days to go. .56 ($56) profit; 13.6% ROC as a function of buying power effect.by NaughtyPines1
A bullish scenario for GDXJStill things are bearish from the drop at 1860 level. Somehow expected at first, then i didn´t think it willl happen, but finally it did. Anyway, the bullish structure has not been broken and only a hard drop tomorrow or the next day will do it. If not. - Visit 1840-1860$ gold and a double top in GDXJ at 48$ - Move higher to 191x in gold and GDXJ at 52$ and closing gap from June. Once any of those happens (if they do), correction will follow. But i do believe that a leg u in GDXJ is pending now before any drop. Longby JAY_c5velmUpdated 111
Opening (Margin): GDXJ January 21st 36/46 Short Strangle... for a 1.12 credit. Comments: One of the only underlyings at the top of my high implied exchange-traded funds list that I'm not already in with 30-day at 39.3%. Selling 18 delta-ish premium on both sides. 1.12 on buying power effect of 4.13 (on margin); 27.1% ROC at max; 13.6% at 50% max. Will look to take profit at 50% max; manage sides on approaching worthless/side test.by NaughtyPines1