Loading ...Gaps on miner charts
As I type this gold is trying to cross $1400 …
From you experts … any thoughts about the gaps on the miner charts? They are in many currently. I have been told it is better if they fill earlier than later, but what should we make of them? Is the market ahead of itself here? Should we be cautious, knowing they may be filled soon, so we can have dry powder to buy at lower prices. Did this happen to many of the charts in the early 2000’s as well? Thanks everyone!
I believe that, contrary to the usual recitation, gaps do not have to be filled at all. I have not done a study myself but remember having read this comment by someone with a rigorous mindset (Jack Schwager perhaps). They often are filled, and I would, guess usually are.
I personally tend to hope that some of these gaps are filled. I was nearly finished loading up and reorganizing in a nice calm fashion before being disturbed by all this stuff.
Sometimes gaps don’t get filled for years
But yes it is a concern
See my post above with chart of AG