Recent low made by some of the gold miner stocks could be setting up for a bounce back toward previous pivot high. Here are a few of these mining stocks.
GDX:
(click on chart to enlarge)
NEM:
GOLD:
ABX:
GG:
As FOMC meeting approaches along with speculation on the potential rate hike, be prepare for sudden increase in volatility. Always trade with pre-determined stop level and respect your stop!