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 : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Fintas who wrote (109321)12/26/2018 10:12:02 AM
From: Rarebird  Read Replies (2) | Respond to of 116752
 
The Miners do not look ready for prime time yet. This is the second foray above 30 for GDXJ and above 21.10 for GDX. It looks like another likely failure again. Stay tuned. That's my read. The rise here looks corrective. I give them both one more failed attempt and then the next 15%-20% leg down results and finally - and I say finally- we see a likely bottom and the start of a massive bull market.
The Miners have a lot to prove to me. For starters, lets see them stay above the 200 Day EMA for a week first.