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Re: None

Tuesday, 08/14/2018 8:19:24 PM

Tuesday, August 14, 2018 8:19:24 PM

Post# of 13238
Have a ways down to go on GDX before support may show up, 18 to 18.50. The miners should get a playable bounce in that range.

$USD index continues its march higher. May see mild resistance at 97, next legit resistance looks like 99.

As for $GOLD, this drop looks similar to 2016 but back then the chart technicals were starting from a much stronger position than we've seen this year. Like GDX, next support for $GOLD is quite a ways down from here at 1125 or so.