- ABX did break out, but I am expecting a retest of the breakout and possibly a retest of the gap in the 41 region
- A good entry position will be when the MACD reaches oversold conditions on the 60 min chart, which should coincide with a retest of the breakout
Friday, April 30, 2010
Gold Miners Started Strong - Finished Weak
Gold had a pretty good day. The Gold miners started strong, but faded at the end of the day. While GLD closed +0.95%, the $HUI closed +0.67%.
Posted by Purposeful Investor at 5:09 PM