dips almost donelook for a dip entry around 28-30, thats where id start looking for some calls or shares :D its looking pretty red for miners atm though so be carefulby Vibranium_CapitalPublished 34
GDX Gold miners: looking for 1 more bounce upIn April I thought GDX looked positive and it turned out to be correct (see link below). I still favor we have one more pop up before a possible major correction. Looks like a bull flag now. I close below the flag would be negative. Process your way, Have a great weekend,Longby goodguyUpdated 1
Exciting times ahead.. GDXin LIMBO right now If there is a bigger market pullback.. Expecting #BTFD between 28 ish or 27.50 Otherwise all good and we enter the flag againby TonyStonkPublished 1
GDX LongAt downtrend channel bottom Touch Demand Zone Entry 34 Stop 31 Target 45 I am not a PRO trader. I need few months to practice trading strategies. If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate. Today, I also long GLD, AUY, GOLD, KGC, MUX, NGD, KL; (FNV, SBSW, GFI pending order, NEM was bought last week, RGLD watch only ) Longby PlanTradePlanMMUpdated 333
Hard time ahead for GDX and GoldOn the chart we see nice 5 wave move down from 2011 till 2016 followed by 61% running flat correction topped in Aug this year. This probably can give us some clue on whether the following Gold price fall is a short term correction or a beginning of a long term down trend. I would bet the latter.Shortby KupitmanPublished 1
GDX - gold minersThe good news is that we are approaching some serious levels The bad news is the way we crushed the 200MA by TheMarketDog2Published 0
GDX 45 call expiry : jan 2022 cost:2.09$ cmp:33.5 SL: below 31 GDX 45 call expiry : jan 2022 cost:2.09$ cmp:33.5 SL: below 31 24/nov/2020Longby financial_freedom_with_gunaPublished 0
GDX Short term DowntrendThe Gold miners index is in downtrend on the daily chart in the short term. With the gold prices moved down the decisive 1800 level the GDX broke down the 200 EMA. On the weekly chart the 100 EMA may act as support at the 30 to 31 level if it further breaks down on the daily chart. Shortby vipasa773Published 1
Iron TariHi guys, As explained in many other ideas I shared, follow the strtaegy, iron condor, strangle, do the maths and enjoy! Enjoy your wallet! Tari. by TARITRADEUpdated 1
GDX - Crossing 200ma Daily- As gold has be sold back, GDX ETF has worked its way towards the 200ma on the daily. - I will become interested around the $31.50 level on signs of support. - No position currently AMEX:GDX -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. by Trader-DanPublished 2
GDX pushing further down to target !As previously observed, analyzed and projected... GDX is going down hard. There is a current rotation ongoing, and GDX needs to retrace strongly, base out and rotate back in again. Wait for it... Shortby AuguraltraderPublished 441
GDX should have a good bounce hereGDX should have a good bounce here, if not already reversed.Longby SnowlotusPublished 113
Miners - does money flow from Big Caps -> Mid Caps -> Juniors..?A quick & dirty examination of the thesis that money always flows from Big caps -> Mid caps -> Juniors.Longby Celeriac1972Published 0
GDX should have some deadcat bounce from hereGDX should bounce from here, though the intermediate still aheadLongby SnowlotusPublished 2
Elliott Wave View: GDX Correction Remains in ProgressElliott Wave view in Gold Miners (GDX) suggests the Index is correcting the cycle from March 16, 2020 low. The correction is unfolding as a double three Elliott Wave Structure. In the 60 minutes chart below, we can see wave (X) of this double three ended at $42.05. The Miners have turned lower in wave (Y). The internal of wave (Y) is unfolding as a zigzag Elliott Wave structure. Down from wave (X) high at $42.05, wave ((i)) ended at $38.03, and bounce in wave ((ii)) ended at $39.24. Index resumes lower in wave ((iii)) towards $37.52, wave ((iv)) ended at $37.87, and wave ((v)) ended at $36.73. This ended wave A of (Y) in higher degree. Index then bounced in wave B which ended at $38.42. Internal structure of wave B unfolded as a zigzag where wave ((a)) ended at $38.08, wave ((b)) ended at $37.39, and wave ((c)) ended at $38.42. The Gold Miners have extended lower in wave C. Down from wave B high at $38.42, wave ((i)) ended at $37.83 and wave ((ii)) ended at $38.29. Expect a few more lows in the Index to end wave C of (Y) before GDX finds support. A potential support area is 100% – 123.6% Fibonacci extension from August 5, 2020 high which comes at $31.05 – $33.10.by Elliottwave-ForecastPublished 3
GDX - AccumulateRisk vs Reward is good Time to start accumulating by Successful_Inv_StrategiesPublished 111
GDX monthly is clearerObviously, close this month below 36 would be bad ... at least need another month or two to reverse. Close between 36 and 40 hits buyers are trying to test water and see how much resistance it has. So the chance that December will be higher is ~ 2/3. Close above 40 in November means buyers are ready to bring it higher, can take some risk in monthly options. by Dllew2019Published 2
Goldminers swing tradeGold and goldminers set for a rebound to test the top of the regression channel, after the set down following the recent vaccine news.Longby SparticlePublished 0