I think this move down in /GC is overdone and offering an opportunity to buy miners.
My dowsing is suggesting tomorrow morning for a buy entry on a dip. I'm not sure it takes out today's lod, but I suspect it'll be one of those dip and rip kinda jobs. I hope, anyway!
Actually, now that I look at /GC I can see it needs to clean up the lows around 1773. So if I see GC break that, reclaim it and look constructive on the upside, GDX will be good to go imo. And, so will /GC for that matter.
This is a serious low I'm looking for here that will send GDX up to the $54 area in September.
I like it, but wth do I know? We'll just watch and see.
My dowsing is suggesting tomorrow morning for a buy entry on a dip. I'm not sure it takes out today's lod, but I suspect it'll be one of those dip and rip kinda jobs. I hope, anyway!
Actually, now that I look at /GC I can see it needs to clean up the lows around 1773. So if I see GC break that, reclaim it and look constructive on the upside, GDX will be good to go imo. And, so will /GC for that matter.
This is a serious low I'm looking for here that will send GDX up to the $54 area in September.
I like it, but wth do I know? We'll just watch and see.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.