There is room for downside on GDX. Might indicate the next move for gold.
OEXTrader.com
Jan 16, 2024
Bulls may continue to be at risk. Any overseas good news may send gold for a tumble.
OEXTrader.com
Jan 7, 2024
Below the Gann line may favor the bears.
OEXTrader.com
Jan 1, 2024
No change traders, I believe GLD needa s a stellar rally to avoid a possible plunch.
OEXTrader.com
Dec 26, 2023
A gold rally may be stellar, if gold holds 190 on the downside. Bears may be in control right now.
OEXTrader.com
Dec 17, 2023
Gold is still waiting for the US dollar for direction. Gold bulls may be alright if GLD breaks above the current range.
OEXTrader.com
Dec 12, 2023
Our
gold charts have done well for traders. The US dollar direction I think
plays a big role. Our weekly MINI UUP chart is looking bullish.
OEXTrader.com
Dec 3, 2023
Careful gold bulls, the US dollar slide may be coming to and end. Gold may be have peaked near recent highs.
OEXTrader.com
November 26, 2023
We look to be waiting for a breakout move on our Gann weekly chart.
OEXTrader.com
November 19, 2023
If we continue to the US dollar dropping, it may help to give gold a bid. We right at possible support on our weekly Gann gold chart.
OEXTrader.com
November 5, 2023
November 12, 2023
The US dollar looks to be in a very stong up trend.
OEXTrader.com
November 5, 2023
Is 187 a good short for GLD?
OEXTrader.com
October 29, 2023
May be a formidable task for the OEX, to get back above the 2000 level.
OEXTrader.com
October 22, 2023
Is the gold rally over?
OEXTrader.com
TRADING AND INVESTING WITH A DIFFERENT MINDSET AND STRATEGY
Chris
joins Jim Oliver on the BreakAway Wealth Podcast to discuss a different
style of investing called Asset Revesting that focuses on protecting
capital first and building wealth second.
Loosing 168 on our GLD Gann chart, might indicate lower for GLD. Gold bulls may need gold to rally.
OEXTrader.com
PROTECT AND PRESERVE YOUR CAPITAL BEFORE THE GOING GETS TOUGH
Chris
joins Dave Russell of GoldCore TV for a look into why pretty much
everything is trending down over the last few weeks. Being prepared for
a possible widespread downturn in both the economy and stock market is
of increasing importance.
The insightful questions Dave asks Chris to delve into include:
While
the dollar has ripped higher, precious metals have not faired so well.
Is there a glimmer of hope that gold and silver will swing back to the
upside?
Looking at the charts, is the Fibonacci extension a good tool to use to indicate where the markets may go next?
Why aren’t we seeing a bounce in gold? Is the recent panic selling in the stock market holding gold down?
Is silver moving in the same way as gold?
Do you think we will see higher long-term rates for yields?
If we see rates go back to 5.8%, what are the implications for the economy?
Is the energy space behaving as it did leading up to the last major financial reset?
What are your thoughts on Bitcoin?
To learn more about Chris and his technical trading asset revesting strategies: