Korelin Economics Report

GDX – Watch The Price Action and Be Careful

Jordan Roy-Byrne, Founder of The Daily Gold shares his thoughts on the GDX chart. We discuss the oversold and low sentiment conditions but take a step back to understand that if a decent bounce does not happen it foretells a pretty bearish outlook. He also breaks down how gold looks stronger than the stocks.

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Click here to visit Jordan’s site for more valuable PM and PM stock commentary.

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