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Re: Citrati post# 37839

Friday, 11/17/2017 4:03:24 PM

Friday, November 17, 2017 4:03:24 PM

Post# of 46661
And sure enough...they slam both Gold and GDX in the final 2 minutes with GDX close at 22.79! (but I'm sure that's just a coincidence. LOL)

Disappointing close as I wanted it to run into close, but overall great day. Launched off the 500 MA and above support on BIG volume (see, told you folks volume would return wink ). The thing that sucks most about that close is they pushed it down below the 50 MA on the weekly at 22.81. Would have been nice to close above that.

Now, we must build on this Monday and get over this 23 range. Outside of a minor pullback to test this breakout, we should be rolling higher from here...but we know with miners that it's not that simple.