Friday 3rd to Monday 6th: GDXJ is entering into a a significant time zone where trend/momentum may alter from current.
My take: Alteration from ranging market to trending market.
Bias: Up.
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Gold has a few days until same is true, there could potentially therefore be some disparison for shorter time period. Let's see if it kicks in or not. It's not bound to happen, but more likely than not.
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Let's see now if acceleration can be of significant magnitude :)
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Time... Is much more relevant than price level. Yet the much harder one to anticipate. And where I will put in most of my future efforts.
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Oil is up too, Sheiks can soon finally order themselves some more gold to build more golden hotels and have some golden drinks youtube.com/watch?v=oICsNXI7VmY