Gold Miners Under Pressure

This morning the gold mining stocks are declining sharply lower. The popular Market Vectors Gold Miners ETF (NYSE:GDX) is declining lower by $1.27 to $59.52 a share. The $57.50 area will be minor intra-day support, however, the $59.00 area will be a much stronger intra-day support level and likely short term intra-day bounce level. Yamana [...]