Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Gold Stock ETF:GDX/ Trades

Awesome chartlink there Trades! Funny thing is, kid'ya not, I thought about asking you to construct something like this when I was posting about the $BPGDM correlation with Gold/Gold stock turning points the other week. I'm either too lazy or 'challenged', lol, to have put such a chart together, but what you have there is certainly better than what I imagined anyway.

Looking at yours, it is easy to see that the chart signalled 5 great buy zone areas for the sector over the last two years. Will this 6th current set-up have the same result? It guess my money says it will. The account balances will tell the tale soon enough in any event!