Gld new high, GDX not. This could be the final up of this 2-month rally, although gold might shoot up to 1425 next week. This rally is mainly driven by short squeeze during thin trading month with bullish/buggish? seasonality. This type of squeeze is usually 7-10 weeks long.
Can gold reach 1490 or higher after a correction/consolidation? Need to observe the pull back first and how much. |
发表于 2013-8-23 13:48
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