goodguy
Long

Short term play in gold miners: GDX

AMEX:GDX   VANECK VECTORS ETF TRUST GOLD MINERS ETF
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Could be one more drop but should stay above 22.57. Then likely rise to target box.
Comment: We did had a small drop after I posted which may have been the end of "b" and we are now starting the "c" wave up. Personally have taken a small long position.

Comment: Target hit. Position closed.
Comment:
goodguy jangseohee
@jangseohee, Right on. Thanks
+1 Reply
jangseohee goodguy
@goodguy, you r welcome
Reply
Good article on GLD that applies to this idea: https://seekingalpha.com/article/4060100-gold-wait-get
Reply
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