Pascal
03-27-2014, 11:27 AM
GDX is oversold, but so is gold.
It seems today that large players are not selling anymore and hence, the MF starts to revert back toward the 0 level.
It could be interesting to try a long trade on a pull-back to the support level shown in yellow, only if the MF is still positive.
The only problem is that gold is still in a steep pull-back.
Pascal
2316023162
23161
It seems today that large players are not selling anymore and hence, the MF starts to revert back toward the 0 level.
It could be interesting to try a long trade on a pull-back to the support level shown in yellow, only if the MF is still positive.
The only problem is that gold is still in a steep pull-back.
Pascal
2316023162
23161