I am looking for GDX as a gauge for overall miner health. GDX breaking below 28.50 is a fantastic place to buy.
GDX breaking below 26 then I am concerned this has been read entirely wrong, and I need to lighten.
Buying now, or on a dip is immaterial, GDX is headed for much higher.
Because of this, GDX may not break below 29 this year. So its tough to say wait or not, with 1-2 buck 'savings', not sure if worth it. I may reload starting today and try to not look back until GDX 40.
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