Back to www.cobrasmarketview.com

   

Some chances we had the higher low for GLD and GDX

Some chances we had the higher low for GLD and GDX

Postby Cobra » Thu Dec 17, 2020 5:38 pm

Some chances we had the higher low for GLD and GDX. GDX is more obvious as the revisit of the low was clear. Considering GDX might have good chances the low was in therefore it should also add chances for GLD.

Let's see.

gdx.png

gld.png


The weekly GLD is clearly a bull flag and GDX is kind of too so even the above conclusion is wrong, I don't expect GLD, GDX to crash from here.

1.png

2.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 50375
Joined: Sat Feb 12, 2011 10:29 pm

Return to Traders Lounge

Who is online

Users browsing this forum: Google [Bot] and 8 guests