The Mining ETF’s GDX & GDXJ showed signs of bottoming before Friday’s payroll low in the precious metals.
They are showing signs of fatigue with ORL days working.
SA,NEM,SBGL,AUY,AEM,HL & PAAS all show the same pattern.
Early this A.M. I wrote it was time to close out the trade with a trailer on to see if there was a tad more
Up left.
If you chose to leave a small Long on manage your risk accordingly.
