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Gold/Mining/Energy : McEwen Mining -- Ignore unavailable to you. Want to Upgrade?

To: lamboguy who wrote (17879)	6/19/2017 8:50:29 PM
From: Robov	3 Recommendations Recommended By go2hilt JW@KSC StemuliteWorks Read Replies (1) \| Respond to of 24518

As you can see on the monthly chart we have just been rejected once again at the upper trend line going all the back to the record highs of 2011 This was the 4th attempt, but you can also see a lower green up trend line that combined with the upper red down trend line form a wedge that will resolve by the end of September this year. It would be critical for gold to hold or recover that lower trend line if broken otherwise we do have a blue down trend line that goes off the chart at $900 god forbid. I heard that figure thrown out almost as much as I've heard $5,000 & $10,000 to the upside. I've highlighted the daily where I think, at the very least, we either get a bounce or turn. Otherwise I could also point out the double top just below $1,300. A break below the middle valley at $1,215 would have a downside target of $1,132 again god forbid. But in the 2nd longer term daily chart you can see we are closing in on a lower green up trend line very close to our current level, $1,240, going back to the December 2014 lows.