Taking Profit on AEM and going to stand aside for a few days…

Todd Butterfield Market Opinion-Free 0 Comments

We had a nice purchase price at $45.20 when the Wyckoff Tools gave us a low risk entry.  The Technometer has now returned to overbought levels near 50 on AEM as well as GDX.  We think risk is now much higher on this position, so we are going to sell at the market and watch this one on the next pullback.  Current Price $49.00.

Agnico Eagle (AEM)

Gold ETF (GDX)

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