A symmetrical, expanding wedge. Increasing volatility. I suspect a break (up or down) will lead to a sizeable rally or pullback. I’m mindful of GDX’s ‘reverse symmetry’ target of $54, but also the relatively high likelihood of gold backing off from the region around the all-time highs. Big decision right here, and everyone knows it. This is a real bull/bear battle. The bulls will win the war, but this battle is yet to be decided.