GDX weekly
GDX daily
Summary
Suffice to add... choppy with gold and silver. The bold could buy with a stop at the recent low from the support zone. The more cautious will leave well alone until Gold >$1400 and/or GDX >26s.
Friday, 16 March 2018
GDX - broadly choppy
The gold miner ETF of GDX settled the week on a fractionally weak note,
-0.1% at $21.43, resulting in a net weekly decline of -0.6%. Near term
outlook is offering renewed upside. Things turn decisive if Gold
>$1400,
which would
offer hyper
upside in GDX to $50 by mid 2019.
GDX weekly
GDX daily
Summary
Suffice to add... choppy with gold and silver. The bold could buy with a stop at the recent low from the support zone. The more cautious will leave well alone until Gold >$1400 and/or GDX >26s.
GDX weekly
GDX daily
Summary
Suffice to add... choppy with gold and silver. The bold could buy with a stop at the recent low from the support zone. The more cautious will leave well alone until Gold >$1400 and/or GDX >26s.
