Thursday, July 27, 2017 12:13:15 PM
It better turn and give some support to GDX/NUGT...or there's no way it has a shot at closing above 200 SMA. Heck, it may not even have a chance at closing above 50 SMA if it keeps going down.
***EDIT*** I no sooner hit "submit" on this post...and they drove gold down another leg. Trading downward below lower bolly on hourly and they are in the process of completely eliminating the move yesterday. SMH.
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