Recent action in the Gold Miners has me on alert for higher prices.
There has been no commentary recently that I have seen on the Raff regression channel that ended in July.
Since then a new one has formed (or so I hypothesize), that has just encompassed recent price action.
From divergence on the 2 hour MACD and the RSI 5 and 14, it appears we are approaching a point of reversal.
Hang in there gold bugs, your vindication is nigh.
There has been no commentary recently that I have seen on the Raff regression channel that ended in July.
Since then a new one has formed (or so I hypothesize), that has just encompassed recent price action.
From divergence on the 2 hour MACD and the RSI 5 and 14, it appears we are approaching a point of reversal.
Hang in there gold bugs, your vindication is nigh.
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