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str8_chuter

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str8_chuter

Re: str8_chuter post# 12981

Tuesday, 07/17/2018 11:55:43 AM

Tuesday, July 17, 2018 11:55:43 AM

Post# of 13240
Pretty much as expected, $GOLD provided a modest bounce at 1238 which had no staying power.

Today, it plunged well below 1238. Next support range is 1195 to 1205. Should get a bounce there but if that range fails to hold, then 1125 looks like the next stop.

The miners are trying to hold on here but the GDX chart remains a 'Sell'. Weak support probably at 21.60 but next legitimate support range on GDX is 20.75 to 21.
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