{"id":563773,"date":"2022-12-29T15:18:21","date_gmt":"2022-12-29T20:18:21","guid":{"rendered":"https:\/\/goldtadise.com\/?p=563773"},"modified":"2022-12-29T15:18:21","modified_gmt":"2022-12-29T20:18:21","slug":"for-the-chart-fetish-among-us","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=563773","title":{"rendered":"For the Chart Fetish among us"},"content":{"rendered":"

Yes, I know, I could also chart just a GDX-15 or any other GDX-chart. But I have posted the big picture on GDX (monthly) already in progress forming right shoulder of its MEGA H&S pattern. And until GDX does not-BO above 30\/31-ish the BEAR-case (for GDX) is my view going forward and is why I choose DUST instead of NUGT. So I dive into much smaller time frames and actually take a 2x ETF DUST (inverse GDX). I believe that there is truth to be found in such double\/triple ETFs and gives some sort ‘look around the corner’.<\/p>\n

Here DUST-15 chart.<\/p>\n

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DUST still bottoming as inverse GDX-topping until GDX 30\/31-ish BO-UP. In general one could state both DUST\/GDX are in a rectangle and nothing has been decided which way it goes (bull\/bear fight). The pattern above potentially shows a large H&S with two shoulders each side; just imaging. Hahaha.<\/p>\n

Alternative: DUST BO-UP\u00a0 since 15th dec and has been BT-ing it’s BO (see Down sloping RED line). As of last few days … DUST could be forming a PINK (little) BULL FLAG on top of the RED Down sloping line. Any chartist with an experienced eye have seen SET-UPS like these before ‘The REAL Break-Out’. With that I mean formations like: little bull flags on top of a larger Bull flag or little Bear Flags below a larger Bear Flag.\u00a0 And such equals the PINK BULL FLAG. Will DUST BO its’ little TRIANGLE here or does it need another (lower) test.<\/p>\n

Last note: the sub-header of this site clearly mentions:\u00a0FOR PRECIOUS METALS TECHNICAL ANALYSIS ENTHUSIASTS.<\/p>\n

You can call me such an ENTHUSIAST. Thank you. Let’s Go Happy Charting \ud83d\ude09<\/p>\n","protected":false},"excerpt":{"rendered":"

Yes, I know, I could also chart just a GDX-15 or any other GDX-chart. But I have posted the big picture on GDX (monthly) already in progress forming right shoulder of its MEGA H&S pattern. And until GDX does not-BO … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2990,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-563773","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/563773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2990"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=563773"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/563773\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=563773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=563773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=563773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}