Marius Johnsrud
Long

"from false moves the violent ones"

AMEX:GDX   VANECK VECTORS ETF TRUST
154 views
2
the gold miners have been wearing out a lot of investors over the last couple of months, but to me the chart still looks to be in a bottoming process. in the shorter term, it needs to break above 24.8 with authority in order to confirm the bullish thesis. Since a pretty tight stop can be fitted below the lows @22, i will put in an entry order on a touch on the lower parallel. The stop will be moved up to break even when price gets near 24.8.

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