Gold Miners after Trump's win
09 Nov 2016 - D-day that Donald got elected as US President.
Gold spiked up to 1334 before retracing back all its gains currently.
GDXJ gapped up at opening, $42 and retraced back to 40ish level.
It is now back to the bottom blue line and there may be a good chance for consolidation either around the bottom blue or middle pink line.
Good risk/reward trade to buy at $40 and below.
Cut loss below $39.50.
Target $44, top of the orange channel.
Gold spiked up to 1334 before retracing back all its gains currently.
GDXJ gapped up at opening, $42 and retraced back to 40ish level.
It is now back to the bottom blue line and there may be a good chance for consolidation either around the bottom blue or middle pink line.
Good risk/reward trade to buy at $40 and below.
Cut loss below $39.50.
Target $44, top of the orange channel.
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