Ely Gold Royalties Inc ELYGF

Hi all - back from holidays

[feenewbie]

still assessing things...but the price action is "yikes" lol.  Inital look is that gold remains S/T bearish/sideways.  Congestion is boring, but pattern should break shortly - don't know which way of course, but initial thoughs are down, with a possible bounce into early October. I'm watching the USDX, which is above the medium term declining resistance. Need to evaluate whether it will invalidate the b/o.  Also watching the yen, as gold goes nowhere without it - $JPY/USD was up earlier, but now red.  Looks like a challenging week ahead.   GL all!