By: ETF Channel
January 28, 2013 at 16:19 PM EST
Pure Gold Miners Getting Very Oversold
In trading on Monday, shares of the Pure Gold Miners ETF (GGGG) entered into oversold territory, changing hands as low as $9.6118 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.
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