Thursday, May 24, 2012

 
 
 

 
 
 
 
 
Where the selloff in</br>gold, silver, and junior miners could end
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Wednesday, December 14, 2011
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From High Chart Patterns:

Gold ($GLD), silver ($SLV), and our favorite junior miner ETF ($GDXJ) all are attempting to find footing (bouncing intraday before the market) today as they hit major levels of support.

If these levels crater, it would be a major blow for reversion-to-mean strategies that have worked well so far this year.

Major weekly level on GDXJ...

Read full article (with charts)...

More on precious metals:

Eric Sprott issues a powerful "call to action" on silver

A simple gold fact that should help you sleep well at night

Casey Research: Move these gold stocks to the top of your buy list

Topics: Gold | Silver | Mining
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