Gold Stock Index bottom?

    Posted by maverick on 12th of Dec 2013 at 10:15 pm

    Looks like today was the exhaustion blowout of the downtrend backtest, time will tell. Very low entry today bought $20.89 big:) stop below the LOD,

    Also bought GDXJ 29.67, 

    wish me luck, go Broncos

    Gold stocks

    Posted by pwb8 on 13th of Dec 2013 at 09:07 am

    Good luck Maverick.

    I'm still cautious on the miners, been burned once too often.

     

    maverick- yes GDX did essentially back

    Posted by matt on 13th of Dec 2013 at 12:37 am

    maverick- yes GDX did essentially back test the broken downtrend line of the channel - see the chart

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