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RE: TIB: Today I Bought (and Sold) - An Investors Journal #432 - Gold Mining, US Semiconductors, Gaming, Consumer Staples, Ripple, Corn
I like the trade on GDX after the long term resistance line is broken...matches the Gold chart nicely.
Thanks. I must say I was not studying the break of resistance lines when I set up the trade. I saw the higher lows and the compression into the zone underneath the level. Add in a hedging mindset - trade on using options. A patient trade would be to wait for that level to be broken and retested.