GDX Gold Miners Hard Drop
Have not been posting nor updating publicly... but private circle saw the recent run up, and my suspicion that it would not hold. Circles were target points that were "surprisingly" met. (I dont know how to post the snapshots here, but anyways...)
Then this last week saw that GDX cut right through a target level earlier than expected.
A new support target is set, but I still suspect that there is more to come.
Gap Downs are hard, and on very high volume.
This down move is exacerbated with a spiking USD, falling Gold prices and Equities at risk.
Not yet ripe. Wait for it.
Then this last week saw that GDX cut right through a target level earlier than expected.
A new support target is set, but I still suspect that there is more to come.
Gap Downs are hard, and on very high volume.
This down move is exacerbated with a spiking USD, falling Gold prices and Equities at risk.
Not yet ripe. Wait for it.
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