I suspect this will be a very good spot to buy JNUG. Moving averages are supporting JNUG here. Looks as if the ICL in Gold and Miners is confirmed. Dollar relentlessly pushes lower.
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Keeping an eye on GDX 23.50. Look for a break thru
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Gold breaking thru some pretty serious trend line resistance this morning. Boom!
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Bull flag breakout with AB=CD projection to 1275 gold on the 30 min chart
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XAUUSD is right at support. But on day 23 this could be time to move lower into the DCL. I would protect your position with stops. I got stopped out of 1/2 my JNUG Yesterday.
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JNUG is at support, stops should be in place.
Trade stängt: Stopp nått:
Small gain, don't want it to become a big loss
