Gold Miners- Bullish Wick Taking Place Two Weeks In A Row
CLICK ON CHART TO ENLARGE
Gold miners have had little to smile about for the past few YEARS! Gold Miners ETF (GDX) last week hit its Fibonacci 161% extension level and in doing so, looks to have created a bullish wick at this potential support level. Are we seeing another bullish wick this week? The week is not over with at this time, could be though!
Disclosure: None.
How did you like this article? Let us know so we can better customize your reading experience.
Great chart and pictures too!!