Junior Gold miners looking like sure thing
With Gold closing at an all-time record high close on Friday, it seems that the time for the goldies has come. Here we see GDXJ (Junior Gold Minders ETF) really pumping hard on Friday. Our view is that these gold stocks are going to absolutely fly, but the trade setup is up to the swing high around $39. Once there, maybe take most off and let the rest ride on a trailing stop loss.
Trade closed manually
Gold seems to be running out of momentum and GDXJ has reached the 200-day moving average. Happy to take the money off the table here.
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herenya.co.za/hca-trading/
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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.
Most ideas posted here are generated within our client community. Open your account and join our team to get the inside track on our trade ideas.
herenya.co.za/hca-trading/
herenya.co.za/hca-trading/
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.