Successful_Inv_Strategies

GDX - support zone

Successful_Inv_Strategies تم تحديثه   
AMEX:GDX   VanEck Gold Miners ETF
3/1/20. GDX 4 hour charts
I issued a warning on 2/23/20 of Risk v Reward. At the Friday low, GDX was down a bit more than 20% and NUGT was down a bit more than 50%. I FEEL for all those people who jumped in at the last leg and getting burned but that's how it usually out. Identifying Risk vs Reward and Resistance zone vs Support zone is important.

تعليق:
3/3/20. Within range. Picking up some DUST
تعليق:
3/5/20. Caution is needed. GDX is arriving at the range of .618% - .786% retrace while gold is arriving at .786% retrace. It's not about going higher or not...it's about risk management.

تعليق:
Seems to be on 1st support area

تعليق:
3/11/20. Risk vs Reward Assessment. GDX is arriving at Support zone. Identifying the zone rather than trying to hit that exact top or the bottom.


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