Gold Market Update by Clive Maund
Posted 20 February 2018 - 02:15 AM
thanks john just looking at the gdx chart it has been stuck in a trading range since feb 2107 between 26 and 21
breaking above 27 and staying there and then strongly taking out that level says we have begun
what i would consider a wave 3. just have to wait and see how it develops. fwiw i have a turn in the gdx
sometime monday to wensday of next week
all the best
Posted 20 February 2018 - 08:43 PM
Thank you gannman. I am looking for a return to GDX leading gold.
Perhaps as soon as you estimate a rally ensues. Good chance for me to do some pruning.
Yes, I need to clear out a few slackers. Hopefully they will perk up some in a miners rally so I can at least break even on them. I Have to practice patient here.
Good luck to all and may you prosper.