Onions

Gold Miners Trying to Hold it up! $GDX

AMEX:GDX   VANECK VECTORS GOLD MINERS ETF
$GDX Looks to me like it is going through a 2 and half week to 3 week consolation cycle before continuing its rally, that started with a breakout and subsequent bull market end of January, start of February. (Which was right about when I got into trading more seriously.) I am unsure of which way to go here. This Brexit thing has been an incredible learning curve for me on my travels. But also rather hard to place any trades. In-fact, I have only been able to place minor scalps (not my strategy, I tend not to do this. Again, learning curve.) on FX markets and a couple of futures lost me some profit.

I like Gold             stocks for obvious reasons, (economy, safe havens. etc.) So the miners index is an interesting one.

I would wager the long side long term. Short term? It needs a bit of a reality check before we see further upside. I expect other markets to retrace from their losses soon but not for long. So Gold             will (maybe!?) continue it's uptrend for the rest of 2016. I am strapping in for a bumpy one.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out