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Re: Nightridertwou post# 10220

Wednesday, 04/23/2014 2:32:17 PM

Wednesday, April 23, 2014 2:32:17 PM

Post# of 46663
Yep, but typically gold is a leading indicator for the mining sector as a whole, today and yesterday it's been lagging, when it cracks 1285, watch GDX go higher. Usually after several failed attempts at a breakout, the issue will trade lower, or tank, but gold today seems to be consolidating at 1284-1284.50, perhaps like a coiled cobra getting ready to strike. Right now gold and silver are Tweedledee and Tweedledumb, seemingly clueless and without true direction. :)