Too slow

Move is not impulsive at all. But it will continue up.
I expect it could only fill the gap at 40$ and then "finito".
Time is mostly the same: second half of September.
Gold: about 1910$ (futures)
After this, another drop. and probably visit the previous lows, or could even go lower.

Slow Show (The National)
www.youtube.com/watch?v=-KhGUE_K...

Commentaire:

No main changes in target. Could be a bit lower, so the gap acts as resistance and the price doesn't cross it. Dates are the same.
So 37,5$ is the lower target there.

Commentaire:

One more comment. Stay LONG at this moment is the BEST asd WISE thing to do, as and investor or even as a trader, MIners could EXPLODE UP as the did in the past (2016 and 2020) at any time in the resst of this year (could be at December of beginning January aslo), but the risk for another drop like the one we already had, FROM this LEVEL, is very low..
I do want to know how to fit this view with the fact that GOLD could trend lower also. Both thing could happen if MINERS rise much more when gold rieses, that they drop when cycle in gols is DOWN. Lets see.

Commentaire:

+++they drop less+++ (miners).
So they gain SENTIMENT. That means that sentiment in the sector is risen (long term), because, so far, that is not the case.
Sentiment is botomming, yet (yearly - long term)

Commentaire:

No changes in the targets. That means, not gold, not miners, will lose current level.

Transaction en cours:

Getting mentally ready for a wild wild move up.

Transaction en cours:

If even if gold doesn't fall, miners do...the target if 27,5-28 next week. And after that, up and away. That is the risk i see.

Transaction en cours:

Important bottom. Very important one. Good time to put some money on miners, even as an investor

Transaction en cours:

Bullish, I will update the idea once it begins to move. It could last 6 months or so. Once it moves, we´ll have some clues

Transaction en cours:

Well, If this is a BOTTOM...a super multi months bottom.... a once in years time buying.