John Townsend

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GLD, GDX and GDXJ True Strength Index Momentum

The True Strength Index is a low lag-time momentum indicator that can be used at www.FreeStockCharts.com.  Generally, it is bullish when the indicator is above ZERO and bearish when it is below ZERO.  As the indicator is very sensitive and responsive to movements of price, it can be effectively interpreted for buy and sell decisions. … Continue reading

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