Been busy lately with testing/improving the Algo; otherwise, I would've posted sooner.
Even with the big drop on Fed Wednesday, GDX remains within an orderly price channel; and has bounced off support. That said, the trend is still down:
VIDEOS:
Gold Extends Weekly Losing Run Amid ‘Hawkish’ Fed Commentary
Gold Extends Weekly Losing Run Amid
Technician: Gold’s going lower, and here’s how I’m going to cash in
http://www.cnbc.com/2016/05/19/technician-golds-going-lower-and-heres-how-im-going-to-cash-in.html
Even with the big drop on Fed Wednesday, GDX remains within an orderly price channel; and has bounced off support. That said, the trend is still down:
VIDEOS:
Gold Extends Weekly Losing Run Amid ‘Hawkish’ Fed Commentary
Gold Extends Weekly Losing Run Amid
Technician: Gold’s going lower, and here’s how I’m going to cash in
http://www.cnbc.com/2016/05/19/technician-golds-going-lower-and-heres-how-im-going-to-cash-in.html
