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Thread: GDX Buy Oversold signal

  1. 03-06-2013 10:44 AM #1
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    Pascal
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    GDX Buy Oversold signal

    As expected, we have a Buy Oversold signal in the making.
    Since the gold futures also attract money on an oversold bounce, the signal will probably be confirmed rather soon.


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  2. 03-07-2013 10:10 AM #2
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    Pascal
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    GDX RT

    A small note on the Probability.
    If gold cannot have a substantial bounce, then I believe that the gold miners bounce will fail.
    With the US$ weakness of today, gold is holding relatively well.



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