Gold and GDX are moving up

in #money • 6 years ago

Dear Steemit friends, if you are of an opinion that precious metals might do well over the next couple of months, have a look at these charts (source: superforcesignals.com)

There is some resistance at around $1250, and if gold manages to break above that resistance, $1310 is a real possibility.

gold_weekly.png

GDX shows an inverse head and shoulders pattern, and a return into its trading range between $21 and $25 is a real possibility.

gdx_short.png

What do you see for gold and GDX over the next couple of months? Share your opinion in the comments, and I will be glad to upvote them.

#investing #busy #blog #news
6 years ago in #money by
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     6 years ago 

    I agree, and it had a strong weekly close on Friday

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     6 years ago 

    nice, upvoted

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     6 years ago 

    You got a 9.87% upvote from @oceanwhale courtesy of @myfinanceteacher! Earn 100% earning payout by delegating SP to @oceanwhale. Visit www.OceanWhaleBot.com for details!

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       6 years ago 

      You got a 11.14% upvote from @brupvoter courtesy of @myfinanceteacher!

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         6 years ago 

        You got a 18.60% upvote from @minnowvotes courtesy of @myfinanceteacher!

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