Gold Miners Junior forms Gap-Doji-Gap Reversal
After a big run from late July to mid September, the Junior Gold Miners ETF (GDXJ) formed a bearish candlestick reversal over the last 4-5 days. First, there was the gap and doji. This signaled sudden indecision after a big jump. Second, selling pressure followed this indecision as the ETF gapped down and closed weak to form a long black candlestick. Thought not picture perfect, this pattern resembles a bearish evening doji star.
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