Don Coxe May, 2009 Conference Call

Don Coxe May, 2009 Conference Call available here.

GDX 1 year TA

1 year chart of the Market Vectors Gold Mining Index (GDX), click below to enlarge:

Gold Miner's (GDX) Technical Analysis

TA for the GDX shows some interesting developments the past week. May 22nd I posted this 1 year chart of the GDX.

Since then the GDX fell with the POG registering multiple positive divergences, and some interesting Fibonacci retracements make a case for an intermediate term low having already passed.

J

Gold Miners TA update (GDX)

Update of the Gold Miners ETF (GDX) today highlights the recent breakout from the spring lows. J

Weekly Gold Chart Review

3- month charts of the GLD, GDX (Market Vectors Gold Miners) and XGD (Canadian Gold Miner ETF)

New uptrends appear to be in the making but downtrend lines on all 3 charts must be pushed through convincingly to bring increased interest back to the gold market.

J

TA for financials and gold

Today's TA on financials (XLF) and gold miners (GDX), both are at critical crossroads:

GDX in total opposition to the financials:

Price action over the next few sessions could confirm trend changes for both sides of the equity market.

J