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Spot Gold & Gold Miners's technical analysis; loading zone ! (GLD & GDX)

Spot Gold & Gold Miners's technical analysis; loading zone ! (GLD & GDX)
While Bitcoin is being retested, price of miners tested a symmetrical triangle's support level, after a false breakout.
Spot Gold & Gold Miners's technical analysis; loading zone ! (GLD & GDX)
On the daily chart, it's below the 200MA. Right on fibonacci retracement key level and should bounce, backed by positives divergences and goldencrossed.
Spot Gold & Gold Miners's technical analysis; loading zone ! (GLD & GDX)
Now check GLD's SPDR Gold ETF:
Gold's price action continues its long term rise and seems to have hit a new bottom.
Spot Gold & Gold Miners's technical analysis; loading zone ! (GLD & GDX)
GLD's daily chart:
We're above 200MA. RSI is in a sweet spot.
IMO it's a loading zone!
Spot Gold & Gold Miners's technical analysis; loading zone ! (GLD & GDX)
You can go Leveraged 3x with GDXU, like I do, but trade with caution !
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Here's Bitcoin's daily chart in bonus:
Bitcoin is being tested right now. Many people are talking about selling, and others are taking advantage and doing the opposite. The price action broke the 2 year uptrend channel and went back down on 2 support levels, adding to the 50MA. Will it bounce back to 100,000 and above or go back to retest 88-90,000... or even worse, retest the old ATH...
Spot Gold & Gold Miners's technical analysis; loading zone ! (GLD & GDX)
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