Miners Approaching Resistance
There are a couple of hurdles miners (by way of the GDX fund) need to get past in order to not simply roll over yet again and flop lower: $19.57 at the gap (lower arrow) and overhead supply at 20.05 (the upper arrow). I have no position, but I’m skeptical; I think miners are about to poop out.
This blog is not, and have never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural ...
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