Monday, June 17, 2013

Gold Miners Stock Market Update, Outlook and Forecast for Week of June 17.

A stock market update on the potential gold miners bottoming process in the charts. I am still stalking a potential entry for the gold miners bottoming process. Here is the most recent update for the Gold Miners analysis.  The entry line for this market analysis and thesis has not changed, but if we were to flush out a little further lower I may be able to lower that breakout line. I will continue to stalk it and post up about the chart.

Here is the currently chart:

Again, I am not going to forecast or make a prediction on that bull move in the gold miners until we break that line and get some candle supply underneath us to protect the position and push off of. Indicators and potential trend reversal support the thesis if we get the breakout.

Peace, Om,