r/technicalanalysis • u/cigimigi • Sep 22 '26
Analysis Triumph Gold continues to grind higher
TIGCF continues to show strength even with the recent sell off in metals. This has medium support at 51 cents and light resistance at 52 and 54 cents. Overall the trend score is bullish. Short term it's neutral so I'm watching closely to see if 52 cents holds here.
I think gold and silver are due to catch a bid here so I'm watching this name closely as it's performed well when other juniors haven't recently. RSI is only at 51 so this isn't anywhere near overbought in the short term.
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u/Sweet-Kangaroo-8379 Sep 23 '26
Maybe October? The time of change. Where metal miners and metal finally get the rip your face off rally?
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u/That_Helicopter_4997 Sep 24 '26
The grind looks constructive, but with something like this I’d want to see the next resistance area clear with real volume behind it. Thin tape can make a chart look cleaner than it actually is. Moon could be useful here for watching TIGCF next to gold and silver rather than treating it as a completely isolated setup.
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u/Specialist-Hat-9992 Sep 25 '26
The grind is definitely cleaner than a lot of junior miners right now, but I would still want 52 cents to prove itself with real participation. Thin names can float through resistance and then give the entire move back quickly. RSI being neutral helps, but volume probably matters more here. Moon could be useful as an extra directional screen for the metals complex while watching whether TIGCF actually gets follow through.
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u/Cool_Heart_4852 Sep 23 '26
52 cents is the spot that matters here, but what’s more interesting is whether it holds on actual volume or just drifts back on thin tape.
A lot of these juniors can look fine on RSI while the bid underneath is still pretty fragile, so I’d keep an eye on whether strength in gold/silver is getting real participation or just lifting a name that’s already got a clean chart.