#XME - Metals & Mining ETF bouncing at crucial level

83
Nice reversal off previous resistance (now turned into support) and 200 day moving average. We should get some follow through here to the upside. RSI now nicely oversold and should see a mean reversion bounce in short term

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.