CLICK ON CHART TO ENLARGE Miners ETF (GDX) finds itself on channel support and has created a couple of bullish wicks of late. Aggressive investors should consider buying on support with a stop below the channel.
CLICK ON CHART TO ENLARGE Over the past 12 months Gold ETF (GLD) has gained over 20%, yet Gold Stock ETF (GDX) is down 9% in that same time frame. For whatever reason, metals stocks are not following the metal very closely as GDX remains stuck inside of a sideways channel since mid-2010. This [...]
CLICK ON CHART TO ENLARGE A couple of patterns in the mining arena caught my eye this morning. The junior miners ETF (GDXJ) has been lagging GDX and remains inside of a falling channel over the past few months, creating a series of lower highs and lower lows. At this time GDXJ is close to [...]
CLICK ON CHART TO ENLARGE Gold Stock ETF (GDX) is now trading at the same price it was back in December of last year and yet Junior minors ETF (GDXJ) remains almost 15% lower, during the same time frame. If you purchased GDX just before Christmas last year, it has been pretty much dead money, [...]
The Dow was down over 250 points yesterday, yet Gold stock ETF (GDX) was up on the day. Surprise you? The majority of this year when the broad market sold off hard, gold stocks had a hard time holding their values. Below is a chart I shared with “Premium Members” on 7/13, reflecting the second [...]
Developed and maintained by Skylight Sites
Recent Comments