GLD Gold SPDR Is this the break we have all been waiting for?

 

GLD has finally broken the one year downward trend line from the highs. Notice that the RSI trendline has also been broken and the DI's have crossed into positive.

Do we have a new bull market in Gold? If so what if anything does that mean for industrial stocks?

POWW Ammo Inc is a BUY

 

POWW has recently broken through the down trend line from the June highs, consolidated for over a month, and now broken through resistance of $6.60. All indicators are confirming the new bull move.

POWW has 2 Strong Buy ratings from analysts with one year target prices of $9.00-$11.00

BLND Blend Labs Inc Cl A

 

BLND had a huge drop from the IPO but is now coming back to life. All indicators are now bullish.

MANA Decentraland

 

MANA jumped from around 0.75 to almost $5.00 in a matter of days then pulled back. Is this now an opportunity to get in before the next bull move?

ZLZ21 Soybean Oil December 2021 Price Chart

 ZLZ21 just gave a technical sell based on two moving averages. Recent low of 5400 is a potential target. Lots of weakness in this sector today.

CLZ21 Crude Oil December 2021 WTI Price Chart

CLZ21 is a hair away from a technical sell signal, most likely happen tomorrow. Brent, Heating Oil, and Gasoline already gave sell signals. 

Traders need to be careful as WTI has strong fundamentals and has given poor sell signals in the recent past.
 

DXZ21 U.S. Dollar Index December 2021 Price Chart

 

DXZ21 is about to have the moving averages cross into the buy zone again, it should happen as the price breaks into new highs. Almost all other FX are very weak. Slow and steady.