Gold Miners- Bullish Wick Taking Place Two Weeks In A Row

By Chris Kimble of Kimble Charting Solutions

CEO of Kimble Charting Solutions • Nov 14, 2014 at 2:32 PM EST

Gold Miners ETF (GDX) last week hit its Fibonacci 161% extension level and in doing so, looks to have created a bullish wick at this potential support level.

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Gold miners have had little to smile about for the past few YEARS! Gold Miners ETF (GDX) last week hit its Fibonacci 161% extension level and in doing so, looks to have created a bullish wick at this potential support level. Are we seeing another bullish wick this week? The week is not over with at this time, could be though!

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