Although the GDX Model will open a short position due to higher volatility, the probability for a successful short trade in such oversold situation is rather low. Hence, the Short signal is weak. Better wait at this point.
Pascal
Although the GDX Model will open a short position due to higher volatility, the probability for a successful short trade in such oversold situation is rather low. Hence, the Short signal is weak. Better wait at this point.
Pascal
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