GDX has 2-3 months cycle and current price is supported by lower end of the BOX.
GDX would rebound soon but Strong Dollar will depress GOLD and GDX soon.
Be patient for next short opportunity within two seeks.
GDX would rebound soon but Strong Dollar will depress GOLD and GDX soon.
Be patient for next short opportunity within two seeks.
Trade closed: stop reached
GDX seems to hold $21.3 support line .
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.