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flippedman

I expect 5th wave in many PM mining stocks to play out

Long
PHLX GOLD and SILVER SECTOR INDEX (TVC:XAU)  
flippedman Updated   
TVC:XAU   PHLX GOLD and SILVER SECTOR INDEX
Trend Analysis
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trendanalysis
I use PHLX as a tracker for the PM mining sector in general. Many other mining stocks are channeling upwards and while we're currently consolidating I would expect a continued move upward to the top of the channel. We've already tagged the lower channel line so as long as it stays within the boundaries the move upwards continues.
Comment:
That channel didn't hold up. Larger base forming/formed.
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