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Dllew2019
Aug 17, 2019 6:27 PM

Short term opportunity 

VanEck Gold Miners ETFArca

Description

On weekly, it showed a bearish engulfing but supported by 5ma. If it does touched 10ma and showed reversal on 4h or daily chart, would be great chance to play long.

Comment

Did not get a chance to short as it gaped down a bit far than ideal and no signs of a reversal yet. GDX has really shown this "no chance to get in "mode on the up run. Let's see what happens next.
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