Friday, April 29, 2016
It's time for a pause in the gold-stock rally.
The Market Vectors Gold Miners Fund (GDX) is up 77% since bottoming in January. It has been a straight move higher – practically vertical.
And by the end of the year, gold stocks are likely to be even higher than where they are today.
But in the short term, we may have a problem. You see, one of my favorite gold-stock timing indicators just triggered a sell signal...