GDX - Chart Link - finally some good
positive divergence between GDX and gold price today i.e. with gold
down almost $30, GDX is up 75 cents! This is especially evident in
the GDX/GLD ratio trendline which was cleanly broken and trending
up - I discussed this last night as well as the positive divergence
setting up
GDX - Chart Link - as you know on the
daily chart, it hit a measured move yesterday
Yeah, I notice that, I don't know what the deal is.
I did buy TGD at the close yesterday and suddenly it's up big
today. I you look at daily chart of NUGT, it starts to
climb at 2pm EST, something is going on.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
GDX comments
Posted by matt on 27th of Jun 2013 at 02:40 pm
GDX - Chart Link - finally some good positive divergence between GDX and gold price today i.e. with gold down almost $30, GDX is up 75 cents! This is especially evident in the GDX/GLD ratio trendline which was cleanly broken and trending up - I discussed this last night as well as the positive divergence setting up
GDX - Chart Link - as you know on the daily chart, it hit a measured move yesterday
By the way, look at
Posted by auni on 28th of Jun 2013 at 12:38 pm
By the way, look at a weekly chart if you want to see a nice reversal candle.
yes the weekly chart of
Posted by matt on 28th of Jun 2013 at 03:21 pm
yes the weekly chart of GDX sports a big hammer, will cover in the weekend report
I have some nugts which
Posted by xxnileshxx on 28th of Jun 2013 at 03:27 pm
I have some nugts which are up 26% now I am tempted to hold on. What would you do?
Heck, I sold mine. I'm
Posted by atlantis on 28th of Jun 2013 at 03:35 pm
Heck, I sold mine. I'm happy with the profits...I'll wait for another occasion to reenter.
Thanks for the trade idea!
Posted by auni on 28th of Jun 2013 at 12:25 pm
Thanks for the trade idea! Took it yesterday with a close stop at Wed's low of 22.21. seemed like a tightly defined trade.
GDX - Chart Link - the
Posted by matt on 28th of Jun 2013 at 10:22 am
GDX - Chart Link - the out performance of GDX relative to gold that started yesterday continues to push GDX higher today
GDX - Chart Link -60min chart shows how the GDX/GLD ratio trendline break which occurred yesterday provided a good trigger
Matt - is it correct
Posted by isplat on 28th of Jun 2013 at 10:23 am
Matt - is it correct to say that normally the gold stocks lead the metal?
Yeah, I notice that, I
Posted by seattle on 27th of Jun 2013 at 02:44 pm
Yeah, I notice that, I don't know what the deal is.
I did buy TGD at the close yesterday and suddenly it's up big today. I you look at daily chart of NUGT, it starts to climb at 2pm EST, something is going on.