Nice little bounce here in Gold & Gold Miners.
Many Gold Miners did NOT make new lows when Gold crashed over the last few days. In fact they look bullish.
Here's one showing a nice consolidation. IAG did not follow Gold up in September, but has instead built a larger inverse H&S pattern. So if Gold's bull is going this offers a good risk/reward here, with just the H&S target.
Many Gold Miners did NOT make new lows when Gold crashed over the last few days. In fact they look bullish.
Here's one showing a nice consolidation. IAG did not follow Gold up in September, but has instead built a larger inverse H&S pattern. So if Gold's bull is going this offers a good risk/reward here, with just the H&S target.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.