Thursday, December 3, 2015

Gold Miners

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!


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