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Successful_Inv_Strategies

GDX support zone

Panjang
VanEck Gold Miners ETF (AMEX:GDX)  
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AMEX:GDX   VanEck Gold Miners ETF
Trend Analysis Chart Patterns Wave Analysis GDX GDXJ
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trendanalysis chartpattern waveanalysis gdx gdxj
Risk vs Reward alert is good here as long as the support zone holds.
GDX broke out of the down trend line / resistance zone, and pulling back to test the zone again.
In EW cycles, GDX looks to be forming micro 3 - 4.

snapshot
Komen:
In Diagonal, GDX needs to move up and retrace back down (1-2) before taking off. Still a long way to go before we can be confident.
snapshot
Komen:
Nice up movement today.
Komen:
$XAUUSD is up nicely. GDX is lagging but made a new higher high.
snapshot
Komen:
$Gold chart for reference
snapshot
Komen:
Trimming my position here
snapshot

Idea Berkaitan

Successful_Inv_Strategies
GDX - Resistance and Support zones
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