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Can the Gold Bugs bust the bands?

This is a syndicated repost published with the permission of Gold Traders Almanac. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

The HUI FCS sparked and the buy light flashed after last Friday’s closing price.  I entered a long position in GDX at Tuesday’s open at 37.80.  The spark did ignite a fire as the index rallied sharply this week quickly putting us in the trading comfort zone closing at 41.2 or up 9%.  So now I am expecting the usual smack down erasing most […]

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