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Sharp Daily Correction

As will be the norm much more often than not, my precious metals analyses will be part and parcel of the freely accessible Stock Trading Signals analyses. Here within Gold Trading Signals, you‘ll find the trade position calls and surrounding reasoning regarding gold whenever required.

Enjoy today‘s gold analysis – it‘s the second half of it as usually.

The daily picture looks seriously fractured, and much depends upon when the bulls buy the sharp dip. Gold stabilized above $1,760 and copper is slowly turning, but what’s relevant, are the miners – and they’re not playing along at this time – there is no intraday upswing attempt in GDX to speak of, exposing the sector as vulnerable today still:

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Monica Kingsley
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All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.

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2 thoughts on “Sharp Daily Correction”

  1. Thomas Jaskiewicz

    Have been following you on twitter and really luv your work. I will be looking forward to your posts from the insider club. Tom J.

    1. Hello Tom, thank you very much and of course I remember you from there… You'll get faster access to the daily analysis, position details, and occasionally more. Enjoy and thank you again for taking the time to get the most out of my daily writings; it's these that cover most ground that it's impossible to talk that way on Twitter.

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