2 Charts Equity & Gold Investors Should Be Watching

This article represents the opinions of Serge Berger, the author of The Steady Trader.

The iShares Russell 2000 Index (ETF) IWM has now had two bearish reversal days in the past three trading days, ending last week at the lows (chart below).

Gold and gold miners rallied nicely to close the week, after the Market Vectors Gold Miners ETF GDX held the $21 area on Thursday.

A bull flag pattern is now developing in the GDX (also seen below).

Image credit: Jeremy Schultz, Flickr