Goldtent TA Paradise
Fullgoldcrown latest posts
It looks to me now like the pull back is over. U.TO was seeking out the EMA30 weekly for a BT before it completes this impulse move on the mothly chart and takes price above the resistance line of my gigantic falling wedge. We got some volatility inside the falling wedge which should be expected as the bulls and bears fight for control in that neutral zone.
We could of course move down one last time to BT the support line of my gigantic falling wedge but I do not think that will happen. Looking at charts like DML.TO I would say that the sector wants the next leg up soon.