Gold Miners; Largest outflows in history could be bullish, says Joe Friday
Could historical outflows present an opportunity? Yesterday Sentimentrader.com reported that outflows from Gold Miners ETF’s GDX and GDXJ topped $800 million on 4/26, the largest single day outflows in history. Below looks at Gold Miners ETF GDX, reflecting where these large outflows took place. CLICK ON CHART TO ENLARGE The long-term trend since the highs […]
Source: https://www.kimblechartingsolutions.com/2017/04/gold-miners-largest-outflows-history-bullish-says-joe-friday/
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