gdxj111

This Chart says the “J” is at a very inreresting place right here

The Blue lines show a potential 4 point Bull Flag Forming ….with potential point 4 right at the first FIBO
retrace of the whole move to date

The Black line is a Magnet and strong support..it was breached once briefly but it has 8 touches and each time has held support…Also this is a Potential H and S Top neckline

The red line is another obvious support line.

My feeling is the black and red lines give way…and we finally get to that First fibo to complete the correction

Another 10% down from here

We are below the 50dma and it is dropping…maybe heading to the rising 200 dma