SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : McEwen Mining
MUX 18.52-1.4%11:05 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: semi_infinite who wrote (8313)9/8/2014 12:23:34 PM
From: Robov  Read Replies (1) of 24527
 
I had a buy for GDX right in this general area, just below the larger gap fill. That said I see two lower daily gaps that are a few cents and there is still one at 37.54 on the the GDXJ. Gold will reverse when the banks have forced the sheep to puke enough of their longs and covered enough of their shorts as well as suckering enough sheep into going short as is always the case. Although we are currently testing a lower trend line line and price is approaching over sold. Dollar also needs to roll over and correct, although given the large rise in dollar vs a much smaller drop in gold % wise the connection is not as completely correlated. I am hoping this is a final washout in this sector. This whole correction has been on much lower volume than the rise off the bottom which is what one would expect to see.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News