Re: Gold
One of my paid guys said this morning:
"So far every daily cycle low has also weighed on mining stocks. The XAU is consolidating in a tight range right now. If one isn’t prepared to hold through a drawdown they should probably exit if this consolidation breaks to the downside."
I'm watching the charts carefully but I think I'm going to hold my small position in GDX and be ready to add to it as soon as the Stoch RSI moves up.
Lady
If you think education is expensive, try ignorance. - Derek Bok