IvanLabrie

Gold/Junior miners: Time to go long

Largo
IvanLabrie Actualizado   
AMEX:GDXJ   VanEck Junior Gold Miners ETF
Gold has bottomed against long term monthly support, I anticipate a rally from this juncture. I'm entering longs in gold and junior miners to benefit from this setup. Very high probability technical trade.

Best of luck,

Ivan Labrie.
Comentarios:
Looks like the analysis is correct so far.
Comentarios:

Unless gold climbs back over 1260 in a rush, it is doomed...stops sit at +- 1250, holding in case it does bounce. It's mainly a hedge for equities positions.
Operación cerrada manualmente:
The miners fared better than gold here but look like a top already.

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