Pascal
01-21-2014, 11:26 AM
Even though gold has pulled back today, the gold miners are still attracting money.
This is probably mostly large funds covering their shorts.
The biggest proof is the parabolic accumulation in GDXJ, which represents the ETF of the junior miners (the weakest of the miners, the group that contained those that were the less apt to survive a fall in gold)
Pascal
219142191521916
This is probably mostly large funds covering their shorts.
The biggest proof is the parabolic accumulation in GDXJ, which represents the ETF of the junior miners (the weakest of the miners, the group that contained those that were the less apt to survive a fall in gold)
Pascal
219142191521916