Gold mining stock breakout, as Bitcoin tanks

Gold Miners Index breakout

Today, The Gold Miners Index (GDM) rally continues, and breaks through the January High of $1,090.  The Gold Miners Index ETF (GDX), and others follow along. It’s interesting to note that the Bitcoin sell off continues, gaping down and breaking support levels.

Stockchart of The Gold Miners Index (GDM):

 

Gold Miners Index (GDM)

Published by Trendanomics

Trend trading analysis of the markets with simple trend trading strategies.

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