At stockcharts.com, Public Chart List, Easy $$, no 11, Clayton Tom .. Green Arrows are Triiger points denoting Buy. Notice when the MACD lines, cross Zero there is a SURGE in the Price. I USE THIS AS THE MASTER INDICATOR
Go to Pages 15 thru 21 plus to get Gold Silve and Gold Silver related ETFs in variable time frames.

Pg. 15, DOW JONES PRECIOUS METAL, $DJGSP, 1 HOUR. CONFIRMED BUY ON DEC 22nd

Pg 21, GDX, Gold Miners ETF 1 hour Volume Candles, Notice the huge Red Candles, Capitulation, huge Sellers means there is huge Buyer on the other side of the trade. Again follow Green Arrows for trigger points After MACD lines cross upwards, the Line Cross Above Zero and usually a Surge in Price. Anticipate this for your Entry Point GDX is the tail which Expresses NUGT x3 on Up moves and DUST x3 on Down moves. Next chart down.

Page 15 NUGT, 1 hour , Again observe the Green Arrows denoting Buy Signal on the respective Indicators.

Page 19 DUST, Bear GDX Gold Miners x 3. Observe the Red Arrows for Sell Triggers. If GDX expresses a Sell, then of course you want to be Long DUST .. and GDX Buy, be long NUGT.. these are the most Volatile ETFs in Existence. Caveat, a Double Edged Sword. Be in the correct ETF in the right Direction- USE STOPS.

MACD LINES ARE ABOVE ZERO WHICH DENOTES IN UPTREND SINCE 8a.m. Dec 31.
Stochastic RSI & Slow Stoch are consolidating after this spike On Balance Volume UP.

I am a retired pharmacist, but went through the Dean Witter training Program, as depicted in the movie "Seeking Happyness" with Will Smith, and worked as a Representative with stocks and commodities for D. Witter, which was later absorbed into Morgan Stanley.. I do this as an avocation now. It would have been nice to have had access to this Technical Analysis as offered at stockcharts.com back in the early 1970s. You may see my work at stockcharts.com, public chart list, Easy $$, Clayton Tom. Thank you for your interest.

By Thomas Clayton

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Only logged in users are allowed to post comments. Register/ Log in

The Market Oracle is a FREE Financial Markets Forecasting & Analysis web-site.
(c) 2005-2024 MarketOracle.co.uk (Market Oracle Ltd) - Market Oracle Ltd asserts copyright on all articles authored by our editorial team and all comments posted. Any and all information provided within the web-site, is for general information purposes only and Market Oracle Ltd do not warrant the accuracy, timeliness or suitability of any information provided on this site. nor is or shall be deemed to constitute, financial or any other advice or recommendation by us. and are also not meant to be investment advice or solicitation or recommendation to establish market positions. We do not give investment advice and our comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to enter into a market position either stock, option, futures contract, bonds, commodity or any other financial instrument at any time. We recommend that independent professional advice is obtained before you make any investment or trading decisions. By using this site you agree to this sites Terms of Use. From time to time we promote or endorse certain products / services that we believe are worthy of your time and attention. In return for that endorsement and only in the cases where you purchase directly though us may we be compensated by the producers of those products.