16Mar1:39 pmEST

While the Dollar Lounges Around Today...

Far be it from me to call a top to the impressive U.S. Dollar bull run since last summer. However, with the pause today in the greenback I am stalking a quick long scalp in the gold miners. 

Specifically, the GDX, ETF for senior gold miners, might be good for a quick long over $18.20, then $18.30.

Still, miners have much to prove, and I would be reticent to swing overnight without profit cushion. So, consider this a day-trading idea, as per the 30-minute GDX chart below outlining the triangle setup. 

Into Outer Space Sidestepping Danger; Chess M...

 
BackToTop
 

This website is intended for educational purposes only. | © 2024 MarketChess.com | All Rights Reserved | Website design by Saco Design | Superpowered by Site Avenger

mobile site | full site