GDX Daily Gaps with Fib lines…
http://stockcharts.com/h-sc/ui?s=GDX&p=D&yr=0&mn=5&dy=0&id=p71241437550&listNum=1&a=390983306
Grin mentioned these previously. Let’s see how GDX reacts at the pink lines…
http://stockcharts.com/h-sc/ui?s=GDX&p=D&yr=0&mn=5&dy=0&id=p71241437550&listNum=1&a=390983306
Grin mentioned these previously. Let’s see how GDX reacts at the pink lines…
Feel like Yellen is going to make GOLD go up today. It is option day as well, and both sides (long/short) need get rid of position with profits.
Yes, good point RJ…volatility should pick up
http://stockcharts.com/h-sc/ui?s=DUST&p=60&yr=0&mn=0&dy=20&id=p97274430418&a=387269243&listNum=1
DUST hitting upper trend line
well, well, well.
Good call RJ
http://stockcharts.com/h-sc/ui?s=NUGT&p=60&yr=0&mn=1&dy=15&id=p23356016618&a=385256974&listNum=1
Sir Eagle…. a bounce up for a while then a clear reversal down would work for me.
Gold hasn’t had any meaningful bounce since 1307 and it is due for a small bounce to 1235 (SWAG).
Looks like 1200ish is resistance now
keeps banging down off that roof
1190 is support
small range
OK, futures so far indicate up in am. keep those gaps in mind. Good luck!