Hi,I totally agree with your bullish view on Gold/Gold Mine, but do you think it's good strategy to buy when RSI hit 70 area? maybe, we should wait for Gold/Gold miners to pull back during next few days when get rid of political tensions, and buy on dip on GDX
psulion08
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I have to think about this one. Not sure which way I want to go on this one.
DS77
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Or Head and Shoulders with a target of 21.50?
TradingMula
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@DS77, Yea it is possible. Last week I thought we would make that move to 21, but not sure if it's still going to happen
DS77
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@youngmula, I'm with you. I've not seen too many HS patterns that give you THIS long to sell into them.
I like miners longer term (next 3-4 months), but am finding it hard to commit (bull or bear) near term.