GDX

[Pascal]

I took a long GDX position here.
It has been a long time since we saw some sort of accumulation on GDX. This move is not supported by accumulation in gold itself. Hence, the position is small.

The new index now includes foreign gold miners and hence is more difficult to Trade


Pascal

[Pascal]

GDX opened below its support level and the bounce attracted strong selling.

This long trade was a bad idea and was closed


Pascal