People on this site have been calling for Oil to pop for a while, so congrats to those who were, great call. I’ve been focused on longer term trades compared to how I used to swing trade GDX/NUGT etc. I’ll post a few charts below of the longer term plays that I’m seeing. They’re each very exciting and I think could bring great returns. Click to expand images.

1. GDX Monthly – looks ready to explode upwards. I love the way the 13ma is curling up as it approaches the 34ma in these past 2mo. I’ve learned that’s a sign that we’re about to start a leg upward. 2017 was exhaustive for GDX investors as it didn’t perform. But I have a strong feeling the time is NOW(coming few months) where this bull flag will break upward. Target $35-40 (!)

2. Silver Monthly(by extension, gold) – Similar pattern & phenomenon here. Also, if you zoom out on the chart, you can notice an inverse head & shoulders pattern nearing completion of the right shoulder. When this pattern breaks out, it will bring silver to $25+. In 2013, silver went from $27 to $19 in 3 months. It can get back to $25 in 3 months.

3. XLE – Breaking out from a double bottom just like in 2010 & 2013. This thing may go straight up for the next 2-3mo. Look what happened for the other double bottoms I highlighted on the chart once price hit the upper bollinger and started pushing it upward. That’s happening again with this month’s candle. Conservative target of $85-86. BUY ANY DIP.

This is going to be a fun year 🙂