Schlagwort: #Gold
-
Gold Price Update: Pullback Ahead?
Hello everybody, this week we’re taking another look at gold. It has been on a strong run over the past few months and has now reached an overbought level. Monthly Chart: Breaking Through Resistance Starting with the monthly chart, we can clearly see the long-term uptrend in gold. The price has been moving within a…
-
Will Gold Break $3,000 or Correct Soon?
Gold has been on an incredible run, and if you’ve been watching the charts, you know it’s been climbing steadily. But the big question now is: Can gold break the crucial $3,000 mark, or is a correction just around the corner? Gold’s Long-Term Climb – A Look at the Monthly Chart Taking a step back,…
-
Technical Breakdown of GDX: Testing Resistance Levels
The gold miner ETF (GDX) has been moving within a well-established trend channel since 2015. Let’s break down the charts to understand where it might head next. Monthly Chart: The Big Picture Since 2015 Looking at GDX’s monthly chart, we see a steady upward trend channel framed by a green area at the bottom (support),…