I was watching the price action of GDX throughout the entire November.
And on this chart i'm sharing with you guys, there are some yellow boxes/rectangular on the chart.
What I found out is that, for the most of the time in November, during the last hour or 30 mins trading session during NYSE... they are all going UP...or somehow had a swing up.......shown on the yellow boxes on the chart, which is quiet interesting.
Switch to 5 min chart if you wanna go check it by yourself.
Here's your O.o...POTATO...o.O
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lol...i gotta laugh at myself, I was trying to test if i can catch the last ride, then big nope...lol...lost some on my Jnug buy :joy:
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leonarddavidson60
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Well,this was happening not only in November..it is an action of algo-robotic HFT trading platforms of bullion banks..but not always..as their AI HFT platforms are correlated to the movement of the price of gold..and when they dump thousand of contracts at Comex ,practically at the same time their HFT platforms dumping shares in ererGDX,GDXJ which starts a chain reaction in JNUG and other ETFs where fund computers trying to adjust the price..