Pascal
04-12-2013, 11:06 AM
As gold is pushed lower today, gold miners are under heavy pressure, with negative divergences along the way.
Since GDX has already lost 3% after the first 30 minutes, past day-trades behavior analysis has shown that GDX would lose on average 1% until the end of the day. So far, GDX lost another since 10:00 AM 2.4%
Do not try to "bottom fish" here.
Pascal
17989
Since GDX has already lost 3% after the first 30 minutes, past day-trades behavior analysis has shown that GDX would lose on average 1% until the end of the day. So far, GDX lost another since 10:00 AM 2.4%
Do not try to "bottom fish" here.
Pascal
17989