Wednesday, April 24, 2013

GDX looking more interesting and BPGDM may give confirmed buy signal

The BPGDM Bullish Percent Gold Miners Index may give a confirmed buy signal today as long as GDX does not sell off in the afternoon and holds its gains.  Initial targets would be the gap fill from April 15th and the 20 day MA, however please watch the video for more detailed discussion

here's the video

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