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FWIW: Here is an editorial by Scott Silva (Gold Speculator). He like GDX long term, but warns that some of his daily and weekly indicators are still bearish. Just one man's opinion, of course.
http://www.gold-eagle.com/editorials_12/silva041012.html
I plan to scale into GDX etc soon, but I am waiting a little longer. If the renko system gives a buy, I'll consider that a trigger.
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bearish on GDX
Posted by dallassteve on 12th of Apr 2012 at 11:23 am
FWIW: Here is an editorial by Scott Silva (Gold Speculator). He like GDX long term, but warns that some of his daily and weekly indicators are still bearish. Just one man's opinion, of course.
http://www.gold-eagle.com/editorials_12/silva041012.html
I plan to scale into GDX etc soon, but I am waiting a little longer. If the renko system gives a buy, I'll consider that a trigger.