GDX, daily
GDX, monthly
Summary
Little to add.
Suffice to say.. gap zone on the GDX - daily cycle, filled.... back on the slide... new lows look due.
Thursday, 13 August 2015
GDX - miners digging lower
With precious metals back on the slide, the related mining stocks saw rather severe weakness. The miner ETF of GDX settled -5.7% @ $14.64. Near term outlook is bearish, with new historic lows <$13 due within the next month or two... not least if USD breaks above the DXY 100 threshold.
GDX, daily
GDX, monthly
Summary
Little to add.
Suffice to say.. gap zone on the GDX - daily cycle, filled.... back on the slide... new lows look due.
GDX, daily
GDX, monthly
Summary
Little to add.
Suffice to say.. gap zone on the GDX - daily cycle, filled.... back on the slide... new lows look due.
