{"id":42861,"date":"2017-01-08T12:21:21","date_gmt":"2017-01-08T02:21:21","guid":{"rendered":"http:\/\/www.tradecharting.com\/?p=42861"},"modified":"2017-01-08T12:34:18","modified_gmt":"2017-01-08T02:34:18","slug":"gold-gold-stocks-opportunities-presenting","status":"publish","type":"post","link":"https:\/\/www.tradecharting.com\/gold-gold-stocks-opportunities-presenting\/","title":{"rendered":"Gold &#038; Gold stocks: some opportunities presenting."},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\">Gold has been holding up quite well of late given the strong US$ but, whilst the precious metal is still consolidating in a longer-term wedge pattern, some Gold stocks are attempting to make bullish trend line breakouts. Any developing US$ weakness would help to keep the metal and these stock breakouts supported so keep an eye on both entities in coming sessions.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><strong><!--more--><\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><strong>Gold monthly:<\/strong> still consolidating within a bullish descending wedge over the longer term:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldMonthly.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-42862\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldMonthly-1024x576.jpg\" alt=\"\" width=\"584\" height=\"329\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldMonthly-1024x576.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldMonthly-300x169.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldMonthly-768x432.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldMonthly-500x281.jpg 500w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldMonthly.jpg 1920w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><strong>Gold weekly<\/strong>: the metal has printed its second bullish weekly candle following on from 7 bearish ones.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldWeekly.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-42863\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldWeekly-1024x576.jpg\" alt=\"\" width=\"584\" height=\"329\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldWeekly-1024x576.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldWeekly-300x169.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldWeekly-768x432.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldWeekly-500x281.jpg 500w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldWeekly.jpg 1920w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><strong>Gold daily<\/strong>: Gold has managed to scrape back above a recent 61.8% fib level and the $1,170\u00a0S\/R region:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldDaily.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-42864\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldDaily-1024x576.jpg\" alt=\"\" width=\"584\" height=\"329\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldDaily-1024x576.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldDaily-300x169.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldDaily-768x432.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldDaily-500x281.jpg 500w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GoldDaily.jpg 1920w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><strong>Gold 4hr<\/strong>: a Bull Flag developing? Watch for any momentum-based trend line breakout:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/Gold4hr-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-42865\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/Gold4hr-1-1024x576.jpg\" alt=\"\" width=\"584\" height=\"329\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/Gold4hr-1-1024x576.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/Gold4hr-1-300x169.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/Gold4hr-1-768x432.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/Gold4hr-1-500x281.jpg 500w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/Gold4hr-1.jpg 1920w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><strong>Gold 4hr Cloud<\/strong>: Gold is back above the 4hr Cloud although is still below the daily, weekly and monthly Ichimoku Cloud:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/Gold4hrCloud-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-42866\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/Gold4hrCloud-1-1024x576.jpg\" alt=\"\" width=\"584\" height=\"329\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/Gold4hrCloud-1-1024x576.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/Gold4hrCloud-1-300x169.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/Gold4hrCloud-1-768x432.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/Gold4hrCloud-1-500x281.jpg 500w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/Gold4hrCloud-1.jpg 1920w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><strong>Gold Stocks\/ETFs: <\/strong>\u00a0the first few here are attempting bullish trend line breakouts but the next few are still consolidating:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><strong>GDX weekly:<\/strong> The Gold Miners ETF has printed a bullish trend line breakout and held above the $20 S\/R level. Watch the next bear trend line ahead of price action here though:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GDXweekly.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-42869\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GDXweekly-1024x576.jpg\" alt=\"\" width=\"584\" height=\"329\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GDXweekly-1024x576.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GDXweekly-300x169.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GDXweekly-768x432.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GDXweekly-500x281.jpg 500w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GDXweekly.jpg 1920w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><strong>IAG weekly<\/strong>: this has printed a bullish triangle breakout and moved back above the $4 S\/R level. Watch for any continuation here to target the $15 level as this is previous S\/R and the weekly chart&#8217;s 61.8% fib:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/IAGweekly.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-42870\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/IAGweekly-1024x576.jpg\" alt=\"\" width=\"584\" height=\"329\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/IAGweekly-1024x576.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/IAGweekly-300x169.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/IAGweekly-768x432.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/IAGweekly-500x281.jpg 500w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/IAGweekly.jpg 1920w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/IAGweekly-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-42879\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/IAGweekly-1-1024x576.jpg\" alt=\"\" width=\"584\" height=\"329\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/IAGweekly-1-1024x576.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/IAGweekly-1-300x169.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/IAGweekly-1-768x432.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/IAGweekly-1-500x281.jpg 500w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/IAGweekly-1.jpg 1920w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/a><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><strong>ABX weekly<\/strong>: Barrick Gold has also printed a bullish triangle breakout but there isn&#8217;t a lot of supporting momentum just yet:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/ABXweekly.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-42871\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/ABXweekly-1024x576.jpg\" alt=\"\" width=\"584\" height=\"329\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/ABXweekly-1024x576.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/ABXweekly-300x169.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/ABXweekly-768x432.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/ABXweekly-500x281.jpg 500w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/ABXweekly.jpg 1920w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><strong>GDXJ weekly:<\/strong> The Junior Gold Miners ETF is looking a bit Bull Flag like so watch for any momentum breakout:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GDXJweekly.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-42872\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GDXJweekly-1024x576.jpg\" alt=\"\" width=\"584\" height=\"329\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GDXJweekly-1024x576.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GDXJweekly-300x169.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GDXJweekly-768x432.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GDXJweekly-500x281.jpg 500w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GDXJweekly.jpg 1920w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><strong>GLD weekly<\/strong>: The Gold ETF seems to be consolidating for now but is above the $110 S\/R level<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GLDweekly.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-42873\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GLDweekly-1024x576.jpg\" alt=\"\" width=\"584\" height=\"329\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GLDweekly-1024x576.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GLDweekly-300x169.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GLDweekly-768x432.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GLDweekly-500x281.jpg 500w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/GLDweekly.jpg 1920w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><strong>NUGT weekly<\/strong>: the 3x bullish Gold Miner&#8217;s ETF is still holding up from a bullish triangle breakout but I think a break and hold above the $10 S\/R level needs to be seen before being too confident of continuation here:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/NUGTweekly.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-42874 aligncenter\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/NUGTweekly-1024x576.jpg\" alt=\"\" width=\"584\" height=\"329\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/NUGTweekly-1024x576.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/NUGTweekly-300x169.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/NUGTweekly-768x432.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/NUGTweekly-500x281.jpg 500w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/NUGTweekly.jpg 1920w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 12pt;\"><strong>NUGT monthly<\/strong>: there is scope for a much higher move here if $10 can be beaten!<\/span><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/NUGTmonthly.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-42881\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/NUGTmonthly-1024x576.jpg\" alt=\"\" width=\"584\" height=\"329\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/NUGTmonthly-1024x576.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/NUGTmonthly-300x169.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/NUGTmonthly-768x432.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/NUGTmonthly-500x281.jpg 500w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2017\/01\/NUGTmonthly.jpg 1920w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold has been holding up quite well of late given the strong US$ but, whilst the precious metal is still consolidating in a longer-term wedge pattern, some Gold stocks are attempting to make bullish trend line breakouts. Any developing US$ weakness would help to keep the metal and these stock breakouts supported so keep an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-42861","post","type-post","status-publish","format-standard","hentry","category-stocksoptions"],"acf":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3aZFM-b9j","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/posts\/42861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/comments?post=42861"}],"version-history":[{"count":10,"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/posts\/42861\/revisions"}],"predecessor-version":[{"id":42884,"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/posts\/42861\/revisions\/42884"}],"wp:attachment":[{"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/media?parent=42861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/categories?post=42861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/tags?post=42861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}