MTECHTIPS Was That Just The Bottom For Gold Miners

MTECHTIPS Was That Just The Bottom For Gold Miners

I’m seeing some signs that gold and silver mining stocks (Global X Silver Miners (N:SIL), Market Vectors Gold Miners (N:GDX), Market Vectors Junior Gold Miners (N:GDXJ)) may have just printed an undercut bottom.gold future Support at $1080 and Resistance at $1110 Two consecutive closes above $1110 will take to $1123---$1128 and then to $1156+ mark in days to come else it could test its support level of $1080 again Further downside panic will see only close below $1080 mark On MCX division... Above 26080. We will see rally to remain continue till 26800---27050+ mark in days to come but trade with levels only.