Thursday, April 16, 2015

Gold & Silver Mining Shares: Short-term Weakness Anticipated

Just a quick note this evening....

Daily chart sell signals were triggered by my computer trading system at today's close in several key Gold and Silver mining shares (CDE, GDX, HL, and PAAS).

While I don't believe that the anticipated downturn in Gold and Silver mining shares will be major or last very long, I do believe that there will be a more attractive buying point in this group later this Spring.

Major Gold Miners ETF (symbol GDX) Daily Chart with Computer-generated Buy & Sell Signals and 200-Day MA

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