Gold and Gold Miners to have a pull back soon
Updated
My gut tells me that gold is going up (probably to 1775-1800) and gold miners are headed up too. HOWEVER, there appears to be negative divergence on both gold and GDX. A more patient (and wiser) trader than me would wait for that upward trend to be broken, then short this baby! Unfortunately I keep getting burned by Swing FOMO!!!
Comment
Trend channel could be broken, but this is not the week to be doing anything. Everything but tech seems to be a bit sideways. My fingers are getting itchy!
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