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New, Exciting Signals from Gold and Stocks

From goldpriceforecast.com

Another day, another decline in the miners. But given what’s happening in gold and stock futures, there’s more to come. Yesterday’s session brought us a small, profitable daily decline in the mining stocks. After verifying their breakdown, miners are moving lower once again – this is a completely normal situation. The GDXJ is simply not done declining. In yesterday’s analysis, I wrote that declining gold or declining stocks would likely trigger bigger declines in the junior miners. And in today’s pre-market trading both moved lower. Gold price declined quite visibly after its second failed attempt to move above the ... (full story)

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  • Category: Technical Analysis