GDX daily, GOLD daily (End of Day chart so doesn't have today's prices) pullback on GDX on declining volume.. bullish.. still possible in between.. maybe a little lower first? or bull flag on GOLD pops then up?... also fwiw... be aware of the "death cross" 50d < 200d naysayers
consolidating instead of pullback here would favor bulls.
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GDX daily, GOLD daily (End of Day chart so doesn't have today's prices) pullback on GDX on declining volume.. bullish.. still possible in between.. maybe a little lower first? or bull flag on GOLD pops then up?... also fwiw... be aware of the "death cross" 50d < 200d naysayers
Yes, was looking at coal too vs crb.
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‘the petrodollar is our currency and our problem’....Gappy
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GDX daily, GOLD daily (End of Day chart so doesn't have today's prices) pullback on GDX on declining volume.. bullish.. still possible in between.. maybe a little lower first? or bull flag on GOLD pops then up?... also fwiw... be aware of the "death cross" 50d < 200d naysayers
false breakout (typical). vol surge, hopefully it means rebound. another touch of day high then the breakout would be real.
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GDX daily, GOLD daily (End of Day chart so doesn't have today's prices) pullback on GDX on declining volume.. bullish.. still possible in between.. maybe a little lower first? or bull flag on GOLD pops then up?... also fwiw... be aware of the "death cross" 50d < 200d naysayers
Capture.PNG
‘the petrodollar is our currency and our problem’....Gappy
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.
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.