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Hi,
This chart has just crossed down for a sell on the GDX, even though the BPGDM chart shows a cross back above the 8dayMA.
I find this GDX/GLD ratio chart does not have so much whipsaw as the BPGDM cross and it tends to have earlier signals.
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$Gold GDX - BPGDM , GDX/GLD compare chart
Posted by piassfg on 19th of Apr 2011 at 12:29 am
Hi,
This chart has just crossed down for a sell on the GDX, even though the BPGDM chart shows a cross back above the 8dayMA.
I find this GDX/GLD ratio chart does not have so much whipsaw as the BPGDM cross and it tends to have earlier signals.