more on GDX

    GDX comments

    Posted by pimacanyon on 31st of Oct 2013 at 02:10 pm

    US Dollar has broken above the descending TL that forms the upper boundary of the descending wedge.  First target would be 81, second target 82.

    If the dollar continues its really to either or both of these targets, that will be a strong headwind for gold, silver, and miners.  Time to buy a little DUST?

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!