Thursday was a good day for goldstocks! They rose in synchrony. MAG 7 is having some problems related to current situation in the world.
During the night XGD.AX rose towards the ATH, up + 2.67%.
For Miners this is a confirmation of the breakout of 24.january. Uranium spot price fell this week, down 8.67%.
Expecting a contiued rise for the miners since this breakout is built on a consolidation sideways pattern within a wedge. We also have a rising Goldprice that has not been visible in the dollar price but in a majority of the other currencies. This break above 2800 is significant because it breaks a horizontal line of resistance. The Lunar phase is important when it comes to trading as well, don´t under estimate the power of the Moon.
All of this and more will be followed in the weekend update! TSC Premium is available with a subscription.
No comments:
Post a Comment