daytrading june 28 morning

  1. 9,428 Posts.
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    Good morning traders and thanks again Highlandlad , great work as always.

    Good call by endless on gold hitting $1200 , now to see if this whole number can hold.

    Spot gold fell overnight but the GDX (miners index) went the opposite direction with some of the big US gold miners clawing back part of yesterdays heavy falls. Volume was heavy.

    Could be an inverted H & S pattern starting to form but too early to say just yet. Definitely looks like some bargain hunters were out there. About time , has been one way traffic for a while now.

    WTI crude was up a healthy 1.5 %.

    USD ecked out another gain but at a resistance zone now.

    Check your open orders and good luck for this last trading day of the financial year.
 
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