Gold Miners ETF (GDX): Gold Miner Buy Signal Alert $GDX Shar...

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Wednesday, 08/15/2018 1:12:01 PM

Wednesday, August 15, 2018 1:12:01 PM

Gold Miner Buy Signal Alert $GDX

Shares of the $GDX (Gold Miner ETF) took another major beating today, falling for the sixth straight day. This fall is different than the last few. First, there is panic in the selling. That is actually a good sign. Bottoms are made by flushing out the weak hands in a panic. Next, there is a major double bottom on the stock chart. Price just tagged it. Technically speaking, this is a major support level. Lastly, there is a time count. Proprietary PPT Strategies signal a bounce tomorrow and Friday. Enjoy!

Gareth Soloway
InTheMoneyStocks

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