Gold and GDX: Bullish Charts

in #money • 5 years ago

Have a look at these massively bullish weekly charts of gold and GDX (source: captainwave). Personally, I think gold and GDX are a little overbought, and a considerably correction to sub $1300 in gold in likely before bull run.

1gold_weekly.png

2gdx_weekly.png

What do you guys think? Do you see a correction in gold before it spikes up to $1400?

#investing #gold #news #busy
5 years ago in #money by
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     5 years ago 

    You got a 2.26% upvote from @minnowvotes courtesy of @myfinanceteacher!

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       5 years ago 

      You got a 8.68% upvote from @brupvoter courtesy of @myfinanceteacher!

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