stevestevesteve
Panjang

Gold miners overbrought ?

AMEX:GDX   VANECK VECTORS GOLD MINERS ETF
49 0 0
This monthly chart show just how little the move has been on a long term chart. Yes NUGT             has doubled in the past 2 weeks, HUI             up from 98 to 140. If 140 holds on a weekly close then the bear is dead. I think we will have small retracement then back up. I think there are plenty of buyers that want into this trade. I think gold             will hold $1130

Pick your favorite miners and put them away for a while.
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