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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 414.48+0.7%Jan 9 4:00 PM EST

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From: gold$10k9/8/2011 4:35:41 PM
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The flip side of GDX's recent strength is that it is now overbought in all timeframes from 15 minute to daily.

stockcharts.com

Also, there were dojis on the daily chart both today and Tuesday.

en.wikipedia.org

Meanwhile, SPX has formed a triangle which is also constrained by its downtrend line of the past 6 weeks.

stockcharts.com

en.wikipedia.org

Is it possible that stocks and PMs fall in the coming weeks while the dollar rallies?
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