Loading ...If you don’t buy now, don’t ever bother getting in at all. Gold around $1900 is back to June’s high. But the miners are WAY lower that June’s highs. Plus in the last ten trading days, many miners are 20-30% lower in only 10 days.
The latest action has been big rallies break back down, and big down side breakouts go back up. I’ve seen the same things with steel miners. And others. Like you can’t trust what a trend looks like. And this latest gold and miner trend looks DOWN. Can we trust it to go lower??
Same with the US Dollar rally breaking out to the upside. Can we trust it to go higher?