Watershed Shift into Commodities?

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Since my Sept 24 article on MarketWatch, "Believe it or not, gold miners are starting to glitter," the GDX has climbed to 15.64 from 14.27 (+9.6%). Traders anticipating the climb in the miners have done very well in our trade set-ups like Direxion Daily Gold Miners Index Bull 3X Shares (NUGT) and Freeport-McMoRan Inc. (FCX). More so than at the time since my article, my technical work argues that the miners as well as the oil and gold commodities have established significant lows, and are

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