JordanFreeman

GDXJ turns for the better....

AMEX:GDXJ   VanEck Junior Gold Miners ETF
6
After a 5 month bumpy downtrend for gold, it finally seems to turning upwards... it broke from the bottom of the downtrend in red and there is confirmation by a brothers grim.. (Using heikin ashi for to see future trend better)... But, black horizontal arrow is place where R1 and the 50 day moving average meet so if it can keep bullish volume and stoch is shows strong pricing power, it should be able to get over that hump... if it does enter long there but set alerts at both blue arrows. If it rejects and pullsback, wait for retest to see if it works.. if fails, consider a short...
Refer to UUP/ DXY as charts that should be inverse of this one...

Let me know with questions.
Constructive criticism is always welcome...
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.