I think we are on the cusp of an explosive rally in the gold stocks I believe
Downside is limited . This will be validated if hui trades above 235 area and
Gdx above 27.5 if I am right we just should not drop much from here in the metals or the
Hui all fwiw
The gold stocks
Started by
gannman
, Oct 18 2017 11:06 AM
1 reply to this topic
#1
Posted 18 October 2017 - 11:06 AM
feeling mellow with the yellow metal
#2
Posted 18 October 2017 - 12:44 PM
I am on a VLT sell signal for GDX from Aug 15
I am on LT resell signals from Feb Apr and Sept of this year. Sept can be viewed as a VLT resell, so its significant.
I am on an IT resell signal issued this week.
I don't have the daily in a bottom setup.
I also don't see these longer term 'cycles' bottoming before the EOY based on their typical behavior.
Edited by pedro, 18 October 2017 - 12:47 PM.