$AAAU - Bullish but wait for better entry
Updated
Technical indicators are bullish on AAAU
Confident it will fall down to support, which would be a good entry point. Think this is trading in my favorite - a wedge pattern.
Love the yellow stuff, and think this sector has been beat down for too long, but if we just jump in we may see a short term decline before a rise.
- Moving Averages - Bullish
- RSI - Bullish
- Volume - Bullish
Confident it will fall down to support, which would be a good entry point. Think this is trading in my favorite - a wedge pattern.
Love the yellow stuff, and think this sector has been beat down for too long, but if we just jump in we may see a short term decline before a rise.
Trade closed: target reached
Closed out with partial profits. Didnt go all the way though.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.