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Is It Time To Buy The Gold Miners?

Gold Miner

Well, some folks do, and they have!

The sectors that are unloved must be watched for a change in behavior, and the Gold Miners (GDX) are showing that selling has slowed and buying has speed up. The volume to price wave show this clearly. For some reason ETF volumes are excellent for volume price wave analysis.

 


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Investing Quote

"It cost me millions to learn that another dangerous enemy to a trader is his susceptibility to the urgings of a magnetic personality when plausibly expressed by a brilliant mind." ~ Jesse Livermore

"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong" ~ George Soros

 

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