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Gold/Mining/Energy : McEwen Mining -- Ignore unavailable to you. Want to Upgrade?

To: semi_infinite who wrote (8313)	9/8/2014 12:23:34 PM
From: Robov	Read Replies (1) \| Respond to 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.

To: semi_infinite who wrote (8313)	9/8/2014 1:01:58 PM
From: wolfgangrene	1 Recommendation Recommended By zamboz Read Replies (1) \| Respond to of 24527

How about the trendline? Keep it simple.