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Categories:Gold / Gold Stocks
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8-13-20 Yesterday put in a significant pivot to hold. If it fails, then we%27ll be watching for a final low inside the moving averages zone displayed. We%27ll see. Quite possible that%27s the low for a one month or more ascending triangle consolidation.
8/10/20 Gold may pull back for a month and consolidate, but not too deep.
7-31-20 As GDX could still reach $50 in this cycle, gold could cross resistance as well. RAISING CASH IN GOLD MEANS TAKE SOME PROFITS, KEEP A STRONG CORE POSITION. DO NOT SELL THE ENTIRE POSITION, JUST SOME. That profit gets redeployed during the next down cycle.
7-28-20 RAISE CASH for the pullback. There"s a chance it could be shallower, like $1800 instead of the Thirdeyeopentrades projected $1600-1700 zone.
7-13-20 Bob Hoye sees a potential peak for gold around July 24th. Support at $1760.
7-8-20 Gold has launched into the $1800"s, target $1900.
6-29-20 Gold broke out of its channel "chop zone" consolidation as it sets sights on the $1800"s.
8-12-20 MJ 100-day moving average paramount to hold, but it"s rising now.
8-10-20 CGC and TLRY report tomorrow. MJ may go fill those gaps below, we"ll see.
7-22-20 YOLO is outperforming MJ
7-19-20 closing in on Target 1.
7-13-20 Is a double bottom in?
8-4-20 Hit Target!
7-13-20 Earnings Season begins.
7/6/20 The island gap above has filled, leaving a wider consolidation.
8-10-20 Could be a local top at $30, with a month long consolidation into $25.
7-22-20 Screaming silver wants to run to $26. May consolidate a bit.
7-19-20 Silver wants to reach $21 anyway. May consolidate under $20 for a bit.
7-13-20 Don%27t like the money flow negative divergence.
7-9-20 Silver broke up thru resistance on volume, heading toward $21.00. May test $18.75 area for support.
7-7-20 Silver needs to take out $18.75, then it can set its sights on $21.00.
6-30-20 Getting a bit frisky.
6-29-20 Silver is still consolidating sideways above its 200-day moving average. Relative strength is good (above 50).
7/9/20 Silver strengthening versus gold is bullish for the sector.
6/30/20 Silver strength may be beginning another wave upward.
6/29/20 Consolidation continues, gold stronger than silver.
6/16/20 The sector does best when silver leads gold, stronger bull moves in stocks. Could be a bullish consolidation forming again. Relative strength holding above 50.
8-5-20 Hit Target!
7/19/20 consolidating sideways under $290.
7/6/20 Breakout from symmetrical triangle.
8-10-20 One issue is that gold/silver may consolidate during August, so it could test $0.08 again.
8-10-20 Nice flag, looks good on weakness. If these guys drill into bonanza grades, could be a smoking percentage gainer.
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