GCEventsmoveGDX

Gap Up Profits Went Fishing After The Open

AMEX:GDX   VanEck Gold Miners ETF
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Some Facts:

Friday was a monthly jobs numbers day with a so-so report, nothing to really give a direction

The GC and Silver contracts were up overnight

The DX and Euro contracts were washing out longs and shorts and ending up with little direction

All the indexes plummeted during the day.

Silver Wheaton ended in the red, but had some buyers after the close.

Very tough trading day, the miners followed silver and indexes down instead of staying up with the GC contract.

This was very curious price action, please enlighten me if you have some insights.

Please Comment


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