My preferred  EW count now is that the USD makes a final low before a major reversal. Gold stocks should soon have a chance to rally. The minimum expectation would be 35 on GDXJ.

However, if there is a dramatic sell off in the USD and the weekly TL on GDXJ is broken then the extreme case would be the break out of an ending diagonal as shown in the JNUG chart.

The entry target for JNUG is 12.8. The max target area is 88-90. The conservative target is about 31