Have to chime in here as I have been burned so many times
looking at fundamental data to make a prognostication about the
future. Its a fools game. Cot or no cot the chart is ugly and until
it changes. A break below 1200 on gold should trigger large sell
orders. The miners should follow suit.
Have to chime in here
GDX my scenario will be one more flush down as soon as tomorrow with big job number. Commercials are ready and we are close to oversold on daily chart. Good luck to all.
Posted by muslhead on 5th of Dec 2013 at 05:49 pm
Have to chime in here as I have been burned so many times looking at fundamental data to make a prognostication about the future. Its a fools game. Cot or no cot the chart is ugly and until it changes. A break below 1200 on gold should trigger large sell orders. The miners should follow suit.
Thanks for your heads up.
Posted by rbreese on 5th of Dec 2013 at 06:29 pm
Thanks for your heads up.