Home / Charts / A Golden Lift-Off Approaches

A Golden Lift-Off Approaches

GDXJ just took out the 200 day moving average on its second highest volume ever, and record volume in GDXJ was just last week.  This is big time accumulation going on.  Furthermore checkout mining stocks like MVG, AEM, SAND to name a few.  As soon as gold completed the failed breakdown they have gone on a moonshot.  This is something that few are talking about because everybody is so beat up and tired of the bear market in gold.  But this is exactly the type of behavior that launches a new bull market, big volume and explosive price moves.Visit StockCharts.com to see more great charts.

About Author: