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.
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.
Kommentera:
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.
Kommentera:
Nice up movement today.
Kommentera:
$XAUUSD is up nicely. GDX is lagging but made a new higher high.
Kommentera:
$Gold chart for reference
Kommentera:
Trimming my position here
