Asian central banks likely buy more down here. China has less than 1% reserve in gold. They will have to buy more. GDX stochastic below 18 again. Always time to buy.
It won't last for long.
Incredible. Gold down 0.27%. GDX down 2.7%.GDX used to trade at 2 to 3 times leverage. Now its 10 times leverage. Incredible.
instituional investors buying high and selling low!Hedge funds shortingh too.Short squeeze is coming!