Posted by manson805 on 26th of Jan 2009 at 10:33 am
GDX bouncing up against the MA (200). Anyone taking a shot at a
short here? My deliberation is that if the dollar starts to pull
back Gold will continue to have strength. Although Gold hasn't
necessarily been trading inversely to the dollar. Trying to stick
to the numbers and follow support and resistance (MA 200) but if
anyone has any thoughts.
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GDX/DZZ
Posted by manson805 on 26th of Jan 2009 at 10:33 am
GDX bouncing up against the MA (200). Anyone taking a shot at a short here? My deliberation is that if the dollar starts to pull back Gold will continue to have strength. Although Gold hasn't necessarily been trading inversely to the dollar. Trying to stick to the numbers and follow support and resistance (MA 200) but if anyone has any thoughts.