Gold Miners ETF (GDX): GOLD - DecisionPoint Weekly Wrap By Ca...

S&P 500

US TECH 100

Dow Jones

Brent Oil

Bitcoin

Gold Miners ETF (GDX)

Reply Private New

Keep Last Read

Replies (1) Next 10 Prev Next

Send PM Follow Ignore

Followers	679
Posts	140848
Boards Moderated	36
Alias Born	03/10/2004

Re: DiscoverGold post# 1092

Saturday, 05/13/2017 5:40:10 PM

Saturday, May 13, 2017 5:40:10 PM

GOLD - DecisionPoint Weekly Wrap
By Carl Swenlin | May 13, 2017

GOLD

IT Trend Model: NEUTRAL as of 5/11/2017

LT Trend Model: BUY as of 4/12/2017

On Thursday gold generated an IT Trend Model NEUTRAL signal, as the 20EMA crossed down through the 50EMA. Note that a SELL signal isn't generated unless the 50EMA is below the 200EMA at the time of the 20/50EMA crossover.

The weekly chart shows that price is in the middle of a triangle formation, and the bottom of the triangle is a reasonable downside target. . .

http://stockcharts.com/articles/decisionpoint/2017/05/decisionpoint-weekly-wrap----rally-stalled.html

• DiscoverGold

Click on "In reply to", for Authors past commentaries

Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold

Keep Last Read

Replies (1) Next 10 Prev Next

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:

1D
1M
3M
6M
1Y
5Y

Detailed Quote

Recent GDX News

YieldMax GDXY Name Change • GlobeNewswire Inc. • 01/25/2024 04:22:00 PM
Surging S&P 500 Breadth • ValueWalk • 07/19/2023 03:16:37 PM
S&P 500 Corrects In Breadth • ValueWalk • 07/18/2023 03:08:49 PM
If The USDX Fell So Much, Why Didn’t Gold Truly Soar? • ValueWalk • 07/17/2023 05:16:20 PM
USD’s Decline That’s… Bearish For Gold?! • ValueWalk • 07/12/2023 02:38:08 PM
S&P 500 Late Day Reversal Worry • ValueWalk • 07/10/2023 03:17:34 PM
Massive Gaming Celebrates Global Launch of House of Blackjack with USDC Earning Race • ValueWalk • 07/10/2023 02:44:17 PM
Breathers In Mining Stocks Are Not Real Rallies • ValueWalk • 07/06/2023 05:20:55 PM
S&P 500 Character Changes • ValueWalk • 07/06/2023 03:10:06 PM
S&P 500 – As Bullish As It Gets • ValueWalk • 07/03/2023 04:01:21 PM
The Great Gold Migration: How Asia Is Dominating The Global Gold Landscape • ValueWalk • 06/30/2023 05:07:35 PM
S&P 500 Dip Buying And Tame PCE • ValueWalk • 06/30/2023 03:34:13 PM
The Bullish Reversal In Gold Is Coming • ValueWalk • 06/29/2023 04:00:44 PM
Insufficient S&P 500 Rotations • ValueWalk • 06/27/2023 02:41:42 PM
Failing S&P 500 Rotations • ValueWalk • 06/23/2023 03:09:19 PM
Countdown to S&P 500 Downleg • ValueWalk • 06/19/2023 01:49:20 PM
Now THAT Was The Game-Changer For The Price Of Gold! • ValueWalk • 06/15/2023 04:40:35 PM
S&P 500 Manages To Recover Initial Decline • ValueWalk • 06/15/2023 03:30:07 PM
S&P 500 Manages To Recover From Tech-Driven Decline • ValueWalk • 06/15/2023 03:30:07 PM
S&P 500 Withstands The Initial Selling – No Hike Tomorrow • ValueWalk • 06/13/2023 03:15:19 PM
Roadmap For Mining Stocks – Courtesy Of The Stock Market • ValueWalk • 06/06/2023 03:17:49 PM
Stocks To Still Extend S&P 500 Upswing • ValueWalk • 06/05/2023 03:31:02 PM
AI, Stocks, And Gold Stocks – Connected After All • ValueWalk • 05/31/2023 03:29:15 PM
Could Gold Miners Finally Stop Sliding?! • ValueWalk • 05/26/2023 08:42:37 PM
S&P 500 Fine Selling Initiative • ValueWalk • 05/24/2023 03:06:00 PM

More GDX News

InvestorsHub NewsWire

FEATURED Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • Apr 25, 2024 8:52 AM

Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM

Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM

Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM

North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM

Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM

Start posting your company's news

Only $200 per official company press release!

InvestorsHub community

Register for free to join our community of investors and share your ideas

You'll also get access to streaming quotes, interactive charts, trades, portfolio, live options flow