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CosmicDust
May 12, 2014 1:05 PM

GDX is at a juncture 

VanEck Gold Miners ETFArca

Description

RSI seems to be in a uptrend channel, red arrow depicts the up scenario (potentially reverse head and shoulder), and the blue arrow depicts the down scenario.
Comments
Babar
On the uptrend GDX tends to be a good buy under that short term MA support, whereas on downtrend does not even get above it....your charts says it all i personally think its a buy to new highs, cheers
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