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


To: NOW who wrote (8315)9/8/2014 7:17:13 PM
From: Robov1 Recommendation

Recommended By
zamboz

  Read Replies (1) | Respond to of 24527
 
Yep, lowest daily gap on the GDX is 23.04 -23.06 and then 23.41-23.46. What is of some concern is the fact that the GDX inverted H & S neckline was taken out on this latest move down while the GDXJ is right at its weekly neckline. It'll be interesting to see how much higher and longer the dollar can go as it is into extreme overbought. This to me is a final washout of any remaining weak hands before the next leg higher.
I've got a GTC in for MUX at 2.25, was filled on my RBY today at 1.21. We may not be at the bottom yet but we are lot closer now than we were a week or a few days ago.