miners coming back to the trend line...
Updated
this was a massiv move down yesterday for the miners, and i guess we come at least to test the trend line, (junior miners already came down..).
at the moment it looks like we could even retest the dec.lows,
on the other hand gold itself looks alot better, so either gold comes down as well, or miners go back up again, probably alot depends on the next rate decisions...
at the moment it looks like we could even retest the dec.lows,
on the other hand gold itself looks alot better, so either gold comes down as well, or miners go back up again, probably alot depends on the next rate decisions...
Note
looking at the past years, i noted there is always a low around dec-end of the year, (then up movements-in the last years very small because in a downtrend...)let's see if the trenline holds....
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.