Potential Pivot Point For Gold Miners?

Just quoted in Barron's last week...

"At least one analyst sees a pivot point for gold forming, especially among mining stocks.  Jeb Handwerger, editor of GoldStockTrades, told clients in a note today that GDX is testing key support levels around $52.50 a share. It closed today at $53.06 a share. If the ETF holds, that could pose an attractive entry point for bullish traders, wrote Handwerger."

Read the full article from Barron's by clicking here.

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  1. [...] Read the full article by clicking here. [...]
  2. [...] The future of the majors lies not so much in glowing statements but in their hidden meanings. These companies, as measured by the Market Vectors Gold Miners ETF (GDX), are getting more mature and are facing diminishing reserves [...]

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