Comments on: Silver, Gold, & GDX At Price Targets / Resistance 7-5-24 https://rightsideofthechart.com/silver-gold-gdx-price-targets-resistance-7-5-24/ Stock Trading, Investing & Market Analysis Fri, 05 Jul 2024 17:43:14 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/silver-gold-gdx-price-targets-resistance-7-5-24/#comment-32744 Fri, 05 Jul 2024 17:43:14 +0000 https://rightsideofthechart.com/?p=214511#comment-32744 … and for ETF traders, SLV (silver ETF) has also hit the 2nd & final price target hit for 9% profit after posting (on two separate occasions) objective long entries at the recent low after closing out the previous short trade on the precious metals. Consider booking profits or raising stops if holding out for additional gains.

]]> By: becky https://rightsideofthechart.com/silver-gold-gdx-price-targets-resistance-7-5-24/#comment-32740 Fri, 05 Jul 2024 17:11:40 +0000 https://rightsideofthechart.com/?p=214511#comment-32740 It means gold is going much higher. Doing the opposite. Adding to longs. Thank you

]]> By: KevinK https://rightsideofthechart.com/silver-gold-gdx-price-targets-resistance-7-5-24/#comment-32738 Fri, 05 Jul 2024 15:40:15 +0000 https://rightsideofthechart.com/?p=214511#comment-32738 Just an observation…
Bitcoin has been going up and down somewhat with the stock market over the past few years, but in the last month, that has changed dramatically.
Before 2024 Bitcoin hit a high on November 8, 2021, about 2 weeks before the Nasdaq peaked on Nov 19, 2021 and about 2 months before the S&P peaked in Jan 2022.
Bitcoin was down about 14% from it’s peak when the Nasdaq peaked on November 19, and down about 31% when the S&P peaked on Jan 3, 2022.
The same thing is happening now….Bitcoin recently hit an all time high of 71, 907 and a closing high of 71,082 on June 5, but it has been tanking while the stock market is up.
Since June 5, the S&P is up about 4% and the Nasdaq is up over 6%, both to new highs, while Bitcoin is down about 21%.
Can Bitcoin be telling us something…time will tell.

]]> By: Dkpdkp https://rightsideofthechart.com/silver-gold-gdx-price-targets-resistance-7-5-24/#comment-32737 Fri, 05 Jul 2024 15:26:49 +0000 https://rightsideofthechart.com/?p=214511#comment-32737 In reply to rsotc.

Thanks so much!

]]> By: rsotc https://rightsideofthechart.com/silver-gold-gdx-price-targets-resistance-7-5-24/#comment-32736 Fri, 05 Jul 2024 15:04:10 +0000 https://rightsideofthechart.com/?p=214511#comment-32736 In reply to rsotc.

UAN & BIOX daily charts…

]]> By: rsotc https://rightsideofthechart.com/silver-gold-gdx-price-targets-resistance-7-5-24/#comment-32735 Fri, 05 Jul 2024 15:03:24 +0000 https://rightsideofthechart.com/?p=214511#comment-32735 In reply to Dkpdkp.

Sure. I’ve been monitoring the ag input sector as it looks to be setting up for a trend reversal/rally but still need to see a little more evidence such as more stocks breaking out and/or those that already recently broke out (see charts below) rally off pullbacks to support, such a backtests of the breakouts/downtrend line/wedges. I can only attach 2 charts to each comment so I will follow up with some of the additional setups I like in replies to this reply. NTR & ICL daily charts below.

]]> By: Dkpdkp https://rightsideofthechart.com/silver-gold-gdx-price-targets-resistance-7-5-24/#comment-32734 Fri, 05 Jul 2024 14:21:30 +0000 https://rightsideofthechart.com/?p=214511#comment-32734 Re-sending as you may not gave seen this-
Hello Randy- can you please update any Agri stocks that look like good value? Thanks!
?

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