Lanmar

Gold Miners/Gold: Divergence in Gold and Gold Miners Intraday

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Lanmar Uppdaterad   
AMEX:NUGT   Direxion Daily Gold Miners Index Bull 2XShares
There's a divergence in both assets today. I just closed my gold short. I am buying the gold miners with aggressive trade management.
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Notice: Non-leveraged product GDX hit .618 retracement today
Silver is down 1.11% right now.
Platinum is down 1.3% right now.
Gold is down .46% right now.
GDX is up .44% right now.
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Hedging position now that gold broke 1217. (Short gold)
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Temporary rebound in gold miners is in motion. Notice price has stayed flat in miners while gold went from 1217 to 1204 in the same period.
Trade stängt: målet nått
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