iBankCoin
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Joined Apr 1, 2010
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If It’s Yellow, Let it Mellow

In addition to corn, of course, is the other yellow thing–Gold and gold miners (as well as silver and silver miners).

The are all on watch early next week to see if there is upside follow-through.

The gold metal ETF, for example, is basing quite well on the 30-minute chart today without much giveback, even as the junior gold miners do a fast shake.

Regarding GDXJ, $41 and especially $40 are the general areas I am looking to see hold for a reentry into JNUG next week.

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GLD

 

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