
NFTRH+; Gold Miners’ Short-term Technical Status
Despite the big up day, HUI (daily) remains in consolidation. GDX (daily) remains in consolidation. GDXJ (daily) remains in consolidation. Captain Obvious’s bottom Line The gold stock sector remains in corrective consolidation, despite the big bounce today. Overbought readings have been worked off and it could break out of consolidation from here or it could drop and fail the SMA 50. Regardless, it has already … Continue reading NFTRH+; Gold Miners’ Short-term Technical Status