I’ve laid out some very precise benchmarks for gold for the next day or two. Specifically, bulls will need to extend Tuesday’s rally by at least another $10 in order to imply they are game for more. For what it’s worth, GDX, the Gold Miners ETF, looks somewhat stronger and should have no trouble achieving a 24.46 target that lies about 5% above current levels.
Gold’s Vital Signs
- January 18, 2017, 11:01 am
Hi Rick,
Hope you’re well. Off topic but just in case Mario drops by…
http://www.zerohedge.com/news/2017-01-18/chinese-province-admits-it-fabricated-economic-data-three-years