Direxion Daily Junior Gold Miners Index Bear 3X Shares (JDST)

[Sendme]

dollar short term daily head and shoulders
https://invst.ly/3459w


monthly dollar chart inverted head and shoulders and a double top
https://invst.ly/3456l

gold 30 minute cup and handle
https://invst.ly/3459f

60 minute gold bull pennant
https://invst.ly/345nd

Looking at the charts, no doubt gold is bullish. Short term measurable patterns have gold at 1235 and the dollar at 99.25ish. Will have to wait and see what patterns form at those levels when we get there. Moving averages and horizontal trend lines have resistance around 1250 gold.

It is interesting that 2 long term dollar chart patterns have a $107 dollar target price. This would put gold at 1100 if it reacted to the dollar. And looking at the history of gold, the chart suggests that it could be possible
https://invst.ly/326hk

gold patterns over the last 4 years (notice where the yellow trend line is at after the last pattern).
https://invst.ly/3463o