GDX seems to be converging. It also appears to be less volatile lately. The prior support trend line was broken, and it is currently sitting on the new support line. It's summer, so it's difficult to say when volatility will return. Even so, it's still in an uptrend:
[IMG]http://imagizer.imageshack.com/img924/4589/0Rj6a5.png[/IMG]
VIDEOS:
Ira Epstein's Metals Video:
[URL]https://www.youtube.com/watch?v=YHh4am7hBio&feature=youtu.be[/URL]
[QUOTE=userque;547830]GDX/NUGT/DUST coiling for a POP soon?!
[IMG]http://imagizer.imageshack.com/img921/941/z3CzXi.png[/IMG][/QUOTE]
CHART/VIDEOS:
VIDEOS:
05-25-16 Ira Epstein--Metals:
[URL]https://www.youtube.com/watch?v=DMswcKuyfQw[/URL]
Gold gains as traders cover short positions
[URL]http://www.cnbc.com/2016/05/25/gold-edges-up-but-stays-near-7-week-low-on-fed-rate-hike-outlook.html[/URL]
Futures Now: Gold on losing streak
[URL="http://video.cnbc.com/gallery/?video=3000520400"]Futures Now: Gold on losing streak[/URL]
Fibonacci Retracements,
CHART/VIDEOS:
GDX still in the same channel:
[IMG]http://imagizer.imageshack.com/img922/8929/ReoLZz.png[/IMG]
VIDEOS:
Ira Epstein Metals Video:
[URL]https://www.youtube.com/watch?v=0P-C4IUCxVc[/URL]
Fed is the 800,000 Pound Godzilla That Doesn’t Care About Gold: Gary Wagner:
[URL]http://www.kitco.com/news/video/show/Chart-This/1268/2016-05-24/Fed-is-the-800000-Pound-Godzilla-That-Doesnt-Care-About-Gold-Gary-Wagner[/URL]
GDX remains in the downtrend. However, the lower trend line is angled slightly more bearishly than the upper. In my opinion, this indicates that bearishness is accelerating.
VIDEOS:
Ira Epstein--Metals:
[URL]https://www.youtube.com/watch?v=nIqWlIpYL_8[/URL]
Why the Fed might not be able to put a stop to gold's run
[URL]http://www.cnbc.com/2016/05/23/theres-still-time-to-buy-gold-technical-and-fundamental-traders-contend.html[/URL]
Should
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
||
Yahoo Finance Realtime TSP Fund Tracking Index Quotes |