Gold Explorers (GLDX) Enters Oversold Territory
December 05, 2012 at 12:05 PM EST
In trading on Wednesday, shares of the Gold Explorers ETF (GLDX) entered into oversold territory, changing hands as low as $7.53 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.