pantheo

$gdx Gold/Miners ratio

GLD/GDX  
GLD/GDX  
35 6 1
Possible gold             strength until supply zone
CONTROL WHAT YOU CAN
Interesting, I'll give this idea a try. Thanks for sharing.
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pantheo PRO IvanLabrie
a year ago
Thank you my friend, its only about fine tuning trades between metals and relevant stock miners.
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IvanLabrie TOP pantheo
a year ago
Ah, I see.
Well, in any event, it seems that miners have bottomed, in the monthly chart.
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pantheo PRO IvanLabrie
a year ago
Looks so for the time being, but there patterns pointing at 85-90 in HUI as the worst case scenario. Sentiment in miners uplifted quickly in the overheated area, so strong down movement to throw the weak hands out should be expected. Somehow now TV doesn't uploading my charts. Once it will be on again will share again.
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IvanLabrie TOP pantheo
a year ago
I agree, some flushing of weak longs is in order.
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pantheo PRO IvanLabrie
a year ago
Lot of excitement in the goldbugs world right now. Not good, especially after a 30%+rally in some juniors. I suspect we'll have one more strong down flush, as you said, to throw in the towels...
+1 Reply
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