Junior gold miners have been beaten down. Weather it's enough or a complete washout is still looming... time will tell.
Mux has though made the 127.2 extension of the recently high and low, so a snapback rally could be eminent.
It's not a low for going long and stay... but a 1 og 2 day stay. A bottom here is not confirmed. A lower target for a washout bottom could still be hittin in the low 0.80ish
Safe trading ladies and gents
BLawrenceM
Mux has though made the 127.2 extension of the recently high and low, so a snapback rally could be eminent.
It's not a low for going long and stay... but a 1 og 2 day stay. A bottom here is not confirmed. A lower target for a washout bottom could still be hittin in the low 0.80ish
Safe trading ladies and gents
BLawrenceM
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.