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NUGT: Make or break time


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#1 Rogerdodger

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Posted 23 January 2017 - 01:16 PM

Each of the past 3 weekly break-out areas have been retested, 2013, 2014, 2015.

Now the hourly chart shows horizontal and trendline resistance hitting at the upper BBs.

 

2014 got a Spring 2nd stage liftoff before the retest. That could happen here, of course, hitting 16ish.


Edited by Rogerdodger, 23 January 2017 - 01:19 PM.


#2 Russ

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Posted 23 January 2017 - 02:54 PM

Perhaps 17.75 area from late Sept which is that 236 hui area that Stubaby mentioned in Ganman's post.


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#3 Rogerdodger

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Posted 23 January 2017 - 04:21 PM

FED meeting 6 days, Feb 1st... usually makes waves s/t.

Sell the rumor buy the news or something...



#4 gannman

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Posted 23 January 2017 - 04:23 PM

it is going a lot lot higher it peaked at around in aug it will take that out and then we will see how high it goes

 

 

just my take fwiw


feeling mellow with the yellow metal


#5 gannman

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Posted 23 January 2017 - 07:44 PM

around 36 in august


feeling mellow with the yellow metal