VanEck Gold Miners ETF
Long

GDX Going Long From Strong Support Levels

201
Chart looks great, planning to enter calls expiring about a month out and trade into the resistance line, think there is more consolidation ahead before we see a strong enough uptrend to break that resistance. I Like The support level we are holding, good upside and holding a tight stop loss if it breaks under $30 to the downside.

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.