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TFC Commodity Trading Forum

Re: Gold Stock ETF:GDX/ Haligonian *LINK*

Here is a chart of the $BPGDM which is the Point and Figure chart of all the Gold Miners. It is the black line chart. I have overlaid the Gold stock ETF:GDX in dashed gold color and also overlaid the Gold ETF:GLD in pink to compare. The technicals are for the $BPGDM. I have also marked with vertical lines the price lows of the GDX to see at what point the oscillators were at. Both the CCI 20 which I prefer and the Stochastics are in the buy zone where lows tend to be made. I like this chart and it is from Stockcharts.com where I also have an account. In case the link doesn't work here this is the address you can copy and paste into your browser.
http://stockcharts.com/h-sc/ui?s=$BPGDM&p=D&yr=2&mn=0&dy=0&id=p77747599582&a=241497573