Bullish candle for gold, silver, platinum, copper etc Bullish candle for gold, silver, platinum, copper etc
Lot's of room to fall when weekly EMA30 is lost (purple). That will mean momentum has shifted, and "silver" stocks are out-performing gold stocks. The duration of the trend shift is up for debate. Head and shoulders?
Based on the performance of the last bull market for precious metals, I peg a target at $43. This may be conservative, as the company has less competition that it did in the 2000's.
ASX:ZIP $zip.ax HUGE rejection by weekly EMA30 and top of channel. We call this a confluence of resistance. Only the Gods can save it from the fiery abyss now.
Is EVER leaving the station? I think so! Break out on volume of 1 year trend line.
Is #silver still bull flagging on the daily? Price is sitting above all major channels.
Here we see a massive bearish wedge. It is suspected that lithium price is leading this probable collapse.
The flagpole measured-move put price around $2134 If this is a bull flag with continuation.
Now, a beautiful {tweezer-top} candle formation. Excellent reversal odds now. #bitcoin #btc
NYSE:TECK $teckb.to has found support for 3 weeks in a row now at around $34, and we got the rising bearish wedge breakdown. The measured-move target is around $25.
#natgas is still bullish as long as $3 and weekly EMA30 still support price. On the daily, I also see a Livermore Accumulation Cylinder, which will build-out a decent cup and handle.
#silver $20 seems probable now if $22.25 doesn't hold.
Market sentiment with respect to this exploration drilling companies stock price and gold price action. It would appear that price is nearing some kind of probable turning point, as weekly RSI looks oversold.
AMEX:DUST about to go terminal velocity. It signals a long term shift in precious metals sentiment.
Don't know how I got down this rabbit hole, BUT when #copper really bottoms vs #palladium, this chart is telling me that the #dxy is toast. Has the #USD truly topped?
{ascending triangle} back testing on the hourly? $1989 is the monthly close ATH to beat today. #gold
But still very bearish IMO. I feel a rug pull coming.
$brw.v I've moved from a double top (now negated), to bearish rising wedge on declining volume. This would follow suit with the EV sector, which is the driver behind #lithium miner mania. Aligns with NASDAQ:TSLA 's fall. $pmet.v could not break resist last week. #lithium ⬇️