Short into FOMCPOTENTIAL drop in gold prices after midterms and FOMC tomorrow based on bullishness in the broader indexes and drop in vix. Short GDX via a long position in DUST stop loss at todays high of 19.66 as bearish momentum needs to be confirmed today to hold position tomorrow. Shortby LuckyDinAZUpdated 2
wedgethis wedge can be a great chance to open long positions as soon the price breaks the upper level of the wedge, the take profit will be the top level of the wedge projected with a horizontal line. by juanclover90
wedgethis falling wedge can be a great opportunity to invest we can open long positions as soon as the price breaks the upper level, the take profit will be the top of the wedge projected with a horizontal line. by juanclover90
GDX(daily chart). Potential Wolfe Wave, (4-5).GDX(daily chart). Potential Wolfe Wave, (4-5).Longby JohnSp1
Make or brake for GDXIt is decision time for GDX. If it breaks the red line, the bear will continue, so higher highs (and ASAP!) are required to support the weak bullish case. Note the MACD bearish crossover. Overall, it seems to support the bearish case for gold. Shortby TheLazyBrother2
GDX- Breakdown at breakout Gdx broke down at the breakout area. We can see price retesting 19.75. Gold is looking to break out.Longby archiki4
Do yourself a favor, don't short miners for the long runDo yourself a favor..buy low and sell high...Really simple long term plan hereLongby DeadDeedz12
GDX RectangleWhether we break up or down, I expect a move of about $4.82. High-side target of $30, low-side of $16.by ManifestedUpdated 220
GDX quick move to upside.Planning to scale into trade til gap covered. Hoping to go up before hitting resistance above. Around 8 day hold.Longby hen3222
GDX- Is symmetry beautiful?PA near 19.75 is key in my thoughts. We might not ever get that low. Safe trade Big profits :-)Longby archikiUpdated 5
GDX VANECK VECTOR stands in front of a large rise...GDX VANECK VECTOR stands in front of a large rise. Your exchange rate can practically doubled. Therefore, gold miners' stocks are a good investment. The exchange rate increase can be achieved by building a triple wave structure. The first correction can start at 29 usd levels. Its size is 0.25 D1 ATR. Next, the second wave structure could be built with a target price of 35.89 usd. Then a 0.5 D1 ATR correction is expected and further rise. The third wave structure can reach 43 usd levels.Longby meszaros7
Bear trend in tact (Dow Theory)Expecting $17.00's at this point. GDX looked like it would start a bull pattern earlier this week but failed multiple tests to pass $19.00. Shortby LeeroyMoneykins2
GDX: The Hated Gold Miners Sector is showing some signs of life after completing a long drawn out wave 4 correction following a 6 year impulse down from its 2011 hughs.Longby Will_WongUpdated 4
Bearish Cycle Wave in the Gold Miners ETFA double Zig-Zag in the (c) – wave would achieve a measured move equal in length to the (a) – wave.Shortby Cincinnatuus4