Find here my GDX weekly. IMO – as long as price is below the little BLACK HORIZONTAL line, I consider GDX in progress of creating a right shoulder while in BT-mode the HEAD from below.

The charted CYCLES gives the complexity for GD going forward. Bear with me … while the little PURPLE CYCLES sets the standard; the question that arises is: how many LITTLE PURPLE CYCLES are within one LARGER cycle? Either 3 or 4. With 3 little purple cycles, a larger Purple cycle is created and seems to give a perfect match while 4 little  purple cycles, gives us a larger Green cycle is created and seems to give probability. The difficulty lies with seeing forest for the trees while there are Cycles within Cycles.

Only when looking at GDX … I would give odds for the LARGE PURPLE CYCLE going forward.

Nevertheless . . . I take currencies into account. As I have posted (before) my long term charts for both EUR and USD giving odds for a turn both 2025 and 2027 . . . I decide to choose for the LARGER GREEN CYCLE.

IMO – when in trading . . . one should Trade with a Plan; above is my Trade Plan.

Interesting note: the next vertical FIB TIME is around 19th December – see GREEN VERTICAL lines. As this is a weekly LT-chart, the 19th-date need to be taken +/- 1-2 weeks. Therefore an intermediate turn is due THIS MONTH (maybe first week January).