The following video & charts provide technical analysis & swing trade ideas on gold, silver, US Dollar, Euro, Yen, & various individual gold & silver mining stocks & ETFs.
The video highlights several trade ideas on gold & silver futures & ETFs as well as numerous individual gold & silver mining stocks & I’ve also included the daily chart of GDX & the 120-minute chart of /GC (gold futures) highlighted their respective bearish rising wedge patterns along with price targets below. As pointed out in the video, not only are we likely to see volatility in the stock market this week with AMZN, AAPL, & GOOGL reporting earnings on after the market close on Thursday but we are also likely to see some volatility in the forex & precious metals markets with the FOMC rate decision at 2pm this Wednesday followed by the ECB & BOE rate decisions on Thursday.
GDX daily Jan 30th
GC 120m Jan 30th