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Heartbeat_Trading

Wheaton- Riding the Back of the Gold Bull

Wheaton Precious Metals Corp (NYSE:WPM)  
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NYSE:WPM   Wheaton Precious Metals Corp
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
Lets keep this short and sweet

Gold is in the midst of a bull rally

Market is on egg shells

Miners will benefit
Komen:
The market decided to make another move lower which hit the SL

Zooming out a bit we the see potential expected paths

Our count is reset and now we wait for a smaller degree impulsive move (5 waves up, 3 wave retrace) before looking to initiate any further positions.

NOTE: that means we would look to Buy around the green "II"

snapshot
Komen:
Things are progressing as expected :)

snapshot
Komen:
Gold is shaping up to be a safe haven as this market further deteriorates

This should add to the positive sentiment for WPM

snapshot
Komen:
GOLD RUSH

snapshot

Idea Berkaitan

Heartbeat_Trading
SPX: Bulls Take the Stairs; Bears Take the Elevator
Penafian

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