Looking at GDX even though it has dropped 2% today macd, sto are
still trending up, sentiment is getting bullish, sector internals
are still strong. GDX breaks out of the triangle and is sitting on
top of a bunch MA that are pointing up but below 200ema. The funny
thing is real yields is up, should be bad for gold. Next fomc Wed.
I am 50% in GDX, and probably will add more.
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Looking at GDX even though
Posted by sydney on 22nd of Jan 2022 at 04:14 am
Looking at GDX even though it has dropped 2% today macd, sto are still trending up, sentiment is getting bullish, sector internals are still strong. GDX breaks out of the triangle and is sitting on top of a bunch MA that are pointing up but below 200ema. The funny thing is real yields is up, should be bad for gold. Next fomc Wed. I am 50% in GDX, and probably will add more.