Junior Gold Miners is a buy at this point in price and time

GDXJ is poised to make a bounce here. A potential bull flag. There are two major patterns that could play out. Both gartley harmonics of the type AB=CD. One big (white) and one minor (blue). The minor one also closes the cricled gap if it reaches its destination at 51$. If one is more long term oriented then waiting for the big harmonic to play out could be worthwhile, target 82$. Stop loss under 37.

Disclaimer