VanEck Gold Miners ETFUpdated GDX - Metals Trading | Elliott Wave Structures I Q2 2019
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GDX - Elliott Wave Outlook
Bullish Swings - Patterns:
ABC swing in Intermediate (A) (green
Simple Correction in Intermediate (B) (green)
Ending Diagonal in Intermediate (C) (green)
Bearish Swings - Patterns
Sharp Bearish Impulse in Intermediate (A) (light blue)
Simple Correction in Intermediate (B) (light blue)
Ending Diagonal in Intermediate (C) (light blue)
Bullish Harmonic Pattern
Next expected swing:
Bullish leg in an attempt to reenter the Channel.
Structure change:
A breach on the down-side in an impulsive manner could lead towards a down-trend confirmation for Precious Metals.
More details about me in my signature.
GDX - Elliott Wave Outlook
Bullish Swings - Patterns:
ABC swing in Intermediate (A) (green
Simple Correction in Intermediate (B) (green)
Ending Diagonal in Intermediate (C) (green)
Bearish Swings - Patterns
Sharp Bearish Impulse in Intermediate (A) (light blue)
Simple Correction in Intermediate (B) (light blue)
Ending Diagonal in Intermediate (C) (light blue)
Bullish Harmonic Pattern
Next expected swing:
Bullish leg in an attempt to reenter the Channel.
Structure change:
A breach on the down-side in an impulsive manner could lead towards a down-trend confirmation for Precious Metals.
Trade active
Starting an attempt for the up-side.Note
Note
GDX is not done with the bullish sequence.Labeled in an Ending Diagonal for Cycle C (black).
Note
Ending Diagonal about to finalize.
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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.
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.