GDX 15-min Update + DUST 5-min
I was looking at same charts as Eagle. I think the GDX 15 is too close to call but it closed right in area I expected. After a while these zones for closing start to become obvious. The market wants people betting both ways.
Now the DUST chart looks more definitive. In addition to buying more at $5.70 yesterday, I added some at $5.99 intraday and timed the buy with the GLD gap backfill. I do think the DUST chart is giving us a better clue than GDX.
I have an sense that we may see fireworks tomorrow…as it is also a panic cycle in gold per Socrates arrays..