Loading ...Gdxj
I thought I would mix it up with a bearish chart of GDXJ. The blue line is very key.
I was bullish until Friday and am now short. I don’t think the juniors are acting right. But GDX and HUI are still healthy. I do expect a pullback in gold soon
Understand; however, this could just be another bull flag in progress…
I agree. The majors look like a flag. The juniors have looked impulsive on the way down tho. I went short on the breakdown of the flag from Friday so I have a little wiggle room. My stop will be a move above 37 in gdxj.
Also gdxj looks like another flag (5 min charts). The question is who is bluffing (juniors or majors). Let’s see… just making observations.