so I have targets for an upswing here.It's hard for me to believe people will chase this sucker, But Today. I have a ton of "Selling Challenged" who are now bearish, and I would expect the market to puke on them. Who knows....
here is gold... It is in my target range... There has to be some kind of sentiment "Top tick"... and the Indian central bank buying a ton of it, Seems like a great one. it would be interesting to see it pull back to 104, and see what kind of bounce it can pull off of that level. but that is 2 bucks lower...
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Yup, GDX seems like it's due for a haircut one of these days.
If we get stregnth off the ophoen, I'll bet it at least revisits 104.
There is that good indicator of a "Top" which is when they start talking about how it"Decoupled"... and you ask yourself "From what? Reality?"... and it's a top. cause they are just too stupid to realize that the dollar is going higher, and all this crap is going lower.
Famous last words...
but we could get some scalps in the morning.
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