On GDX = personally like to see a retest of yesterday low
on the 15 minute chart (maybe a double bottom or divergent
low). Does not mean it has to happen but a retest would be
normal action. Should GDX weaken further in coming days -
take note of the open gap back in January. For traders, keep
and open mind and respect your triggers on the time frame you
trade. GDX holding up better than GLD today.
disciple33 - remember my comments the other day stating that
while GDX bounced off the uptrend line I drew, it had a bear flag
look on the 60 min time frame
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GDX comments
Posted by matt on 5th of Mar 2019 at 11:18 am
GDX - Chart Link - yesterday found support at the daily uptrend line, today stopping at the downtrend channel on the 15 min
GDX - Chart Link
On GDX = personally like
Posted by steve on 5th of Mar 2019 at 11:31 am
On GDX = personally like to see a retest of yesterday low on the 15 minute chart (maybe a double bottom or divergent low). Does not mean it has to happen but a retest would be normal action. Should GDX weaken further in coming days - take note of the open gap back in January. For traders, keep and open mind and respect your triggers on the time frame you trade. GDX holding up better than GLD today.
GDX getting that re-test we
Posted by steve on 6th of Mar 2019 at 02:25 pm
GDX getting that re-test we wanted to see
Steve, any concerns with GDX
Posted by disciple33 on 6th of Mar 2019 at 04:02 pm
Steve, any concerns with GDX relative weakness to GLD today?
disciple33 - remember my comments
Posted by matt on 6th of Mar 2019 at 04:05 pm
disciple33 - remember my comments the other day stating that while GDX bounced off the uptrend line I drew, it had a bear flag look on the 60 min time frame