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Market Volatility

MRKT Matrix

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Is the G D X Gold Miners Going to Continue to Grind Higher?

Gold is hanging in here. Its going to continue to do the grind higher. Can it re test that down trend line, which, by the way, is going to coincide with that up trend line probably around one 70 or thereabouts? I just don't think it's going to happen. Not that i'm talking my book. But i just think gold will continue to grind higher. Tis we thought this penni formation, and we've been talking about it, literally, for months, and carter worths talked about it with us as well. And if you're asking me, i would still bet on it trading the levels we last saw on summer of 20 20.

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