Long
AUMN - Time For Another Big Risk/Reward Play?
I've certainly been wrong on AMEX:AUMN in the past, BUT I have always had proper stops in place to protect from the possibility of waterfall losses. I personally believe it's time to try again.
Gold & Silver appear to be breaking out and the setup is (once again) in play for AUMN. Below the teal support box is when to exit the trade. That's when you know you're wrong.
Other than that, we have clear resistance areas above and, ultimately, are still hopeful for the long-term target.
Gold & Silver appear to be breaking out and the setup is (once again) in play for AUMN. Below the teal support box is when to exit the trade. That's when you know you're wrong.
Other than that, we have clear resistance areas above and, ultimately, are still hopeful for the long-term target.
The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances.
Good luck!
Good luck!
The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances.
Good luck!
Good luck!
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