GLD - Chart Link- again nice correction that
we've been calling for in the precious market area. Otherwise
short-term with today's gap down, one thing to watch for is an
island bottom if price reverses. Otherwise the channel trendline
and fibs are areas to monitor
GDX - Chart Link- the gold stocks lead down,
which is always the case, they lead the metal
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GLD, GDX
Posted by matt on 18th of May 2023 at 09:53 am
GLD - Chart Link- again nice correction that we've been calling for in the precious market area. Otherwise short-term with today's gap down, one thing to watch for is an island bottom if price reverses. Otherwise the channel trendline and fibs are areas to monitor
GDX - Chart Link- the gold stocks lead down, which is always the case, they lead the metal