Monday, April 11, 2016

GDX and Metals

Just a quick update on GDX - if they can push it much past 23, the next confluence target I have is around 28.

Silver may be lifting off with the anticipated spike move posted about for the last few months. If so, it would be great if played a bit of catch-up with a move to 18.50 or as possibly as high as 26. In any case, I still expect a collapse into October, so I hope I can figure out where to get out in the next few weeks or months.

Kim Rice 4/11/16