Lanmar

Gold mining etf prices to watch

Lanmar Updated   
AMEX:GDX   VanEck Gold Miners ETF
6
22 and 17 on gdx
Comment:
Pay very close attention to this chart.
Comment:
The 22 handle hit on GDX. This is going lower. $17 per share is going to be a serious buying opportunity. At that juncture NUGT should be at $6.xx per share and gold in the 1100 area or less.
Comment:
NUGT hit target, but not a long because GDX did not hit $17 target. Waiting for GDX to hit 16.50 - 17.
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