Loading ...GDX Channel Update
My chart from last week updated with today’s action. Let’s see if this apparent breakout is the real deal and start of next leg higher.
Edit: Added live link here of the GDX chart if anyone wants to follow in real time. May be holding backtest for now.
Wonder if it will hold with gold tanking. Seems the metal cannot get launched from this zone…
I’m wondering too. As you can see I expected a longer consolidation for a week or so longer before a breakout.