Market Overview

$48 Should Be Top In GDX

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Nice rebound in the metals today and I think we could have a little more upside before it rolls over. $48 is my target where I think it'll run out of gas and correct as there are multiple points of confluence of resistance. I'll be looking to add a short position in GOLD tomorrow, with a possible position in ANV.

 

Posted in: Trading Ideas

 

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