Loading ...GDX Update – Still Bullish
Structure remains bullish and I remain long. Looking for another flag to build at current levels before filling the overhead thin zone (which should act like a gap). That’s my minimum target. Once filled, I will see how the structure looks to decide when to take some profits.
Also note action at 13ema and pivot and possible W bottom forming. Decent 2 month base in place too.
That second chart is awesome. Tells the whole story in four channel blocks and one ema line.
GDX closed on the 50 MA at 14.27…needs to breach for bull case.