GDX - Chart Link- we had a small reaction
bounce off the 200 day MA to provide a day trade
GDX - Chart Link- otherwise here's a 15 min
chart, price needs to get over that downtrend line, also I drew a
downtrend line over the GDX/GLD ratio - again that's just something
to monitor for the short term.
I still believe we need a 'flush' in this sector, especially
with the metals themselves.
GDX testing its 200 day MA
Posted by matt on 19th of Nov 2020 at 09:49 am
GDX - Chart Link-
Update: GDX testing its 200 day MA
Posted by matt on 19th of Nov 2020 at 11:30 am
GDX - Chart Link- we had a small reaction bounce off the 200 day MA to provide a day trade
GDX - Chart Link- otherwise here's a 15 min chart, price needs to get over that downtrend line, also I drew a downtrend line over the GDX/GLD ratio - again that's just something to monitor for the short term.
I still believe we need a 'flush' in this sector, especially with the metals themselves.
Update: Update: GDX testing its 200 day MA
Posted by matt on 19th of Nov 2020 at 03:50 pm
GDX - Chart Link- updated 15 min view