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This is Yamana Gold Inc (AUY) which I just sold for $9.85. My concern here was two-fold. One, it appeared that both the True Strength Index (TSI) and Money Flow Index (MFI) indicators where at peak levels and threatening to roll over and take a profitable trade and neutralize it. And two, I am a bit skeptical that gold will be able to hold onto today's very impressive gain over the next couple days - putting added pressure on my mining positions.
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My TSI trading record has been updated to reflect this sale.
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Click on the chart to ENLARGE
Nov. 14 mid day
4 hours ago
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