WRN- A copper mining Penny Stock WATCH for LONGWRN is on 15 minute chart. The ideas is described on the chart in textboses with a head
and shoulder pattern identified as well as a Fibonacci retracement leel and dual anchored
VWAP to identify areas of high liquidity and trading volume. The trend indicator adds support
to waiting for a best entry as marked on the chart. Once entered, my expectation is for a
10-15 % move in a single week long swing trade.
Vwapbandtrading
XAUUSD Spot Gold sell-off may stimulate a rally LONGSpot Gold has fallen 5% since the Middle East conflicts have lessened at least transiently. Other
fundamentals like the Chinese government and indeed its citizens as well as the central
banks of several nations buying gold in high volumes support price from significantly falling from
here. Supported by volume profile specifics as well as the Fibonacci retracement levels
reversing the trend down, I see this as a buying opportunity where other dip buyers will hold
the price up and support the reversal. I firmly believe that the day will come where prices of
the present would be considered a huge bargain. At this time, they are fair value for sure.