GDX stop loss hit 33.61.. risk of going down to 32.25GDX stop loss hit 33.61.. and further breaking down will result in going down to 32.25 as it is showing head and shoulder top.. Be cautious if your long protect your capital. Go short stop loss 34.25 and target 32.25 if interested. Educationby karagis75Published 3
Sell signal triggered Swing sell signal triggered today. To be confirmed tomorrow at the open but ... looking good. ... Also triggered on GDXJ but a bit less convincing. To be followed up on... The above are for education and entertainment only. They must not be interpreted as investment advice nor recommendations. Trade at your own risk and mostly, trade safely and keep safe! Cheers! by adventurous51Updated 4
GDX hourly looks like a HSHowever, need confirmation. Also need quick movement. If it test and bounce back, maybe a few times, I would not think that's high confidence setup. 31.5 to 32 area should still work as strong support.by Dllew2019Updated 3
GDX - 7 Year BreakoutNew multi-month support at $32. GDX needs to stay above $32 for the rally to resume.Longby LahbabiPublished 10
Sell Signals triggered My system has sent me a short signal and I have seen confirmation of the candles. What does your system say? The miners have enjoyed some upside but it is time to give the bears a chance before they rocket up towards 38-39. Money management will keep you in this chess game the opponents are ruthless. Shortby james0782Published 5
Gold and Gold Miners to have a pull back soonMy gut tells me that gold is going up (probably to 1775-1800) and gold miners are headed up too. HOWEVER, there appears to be negative divergence on both gold and GDX. A more patient (and wiser) trader than me would wait for that upward trend to be broken, then short this baby! Unfortunately I keep getting burned by Swing FOMO!!!Shortby ArtyMartyUpdated 335
GDX simple thoughtI would just use 34 for continuation of long. Below 33 I would short. Longer term it certainly has good potential to continue the upside. Short term too many possibilities. So let's keep it simple.Longby Dllew2019Published 6
GDX still on track as long as 33.60 support is held next weekGDX still on track for target 37 as long as 33.60 support is held next week . So strict stop loss need to be kept it 33.60 for uptrend to continue. Always protect your capital for the next trade..1% or 2% stop loss need to be kept for any trade...Educationby karagis75Published 4
GDX - shortGDX to 27 at least. May go slightly higher first, but it's close to a major turn IMO. If it breaks support at 27, it can go much lower. Shortby the_sunshipUpdated 1113
GDX Gold Miners ETF Plan to SHORT very soon I just follow the charts and it looks near term bearish to me. Open interest is down and Bearish Gartley in play with D leg near pitchfork channel. Best of luck to you!Shortby curazguyPublished 3
Looking forward to Gold, Silver, Miners to dropThe miners are overbought and due for a correction GDX great buy under $25 looking for higher low on weekly charts and possibly monthly. Overbought on daily 100% + gain in last month which is extremely impressive but it’s a due for correction in the short term and no one talks about these stocks but they are massive opportunities gdx at minimum over $100 in 2-3 years. These are the stocks I’m loading up on long term going to be coming up my favorite individual miners I have to do more research because mining is a tough business with a lot of variables but with $5000 gold these miners are going to explode to the upside.Shortby rjchilia123Published 5
GDX bearish retest of rising wedgethis is not a breakout, no daily volumeShortby lofihennyPublished 7
Sentiment on Gold is WAY TOO bullish short term The sentiment on gold and gold stocks is way too bullish for the short term. I am not a bear and I am bullish on gold mid to long term but gold has to flex lower to get the power it needs to get past $1800. If the stock market ) rolls over, which I think it will, gold will not escape the selling pressure. Then it will bottom and be ready for the sky rocket move everyone expects. Also, keep an eye on DXY. Any surge in DXY will send gold lower. Just thoughts ... Current contrarian position with PUTS on GDX (15 May) as well as PUTS on SPY (June 19) P.S. GDX is up 2.1% on the day... good entry point??? Disclaimer: The above is only my opinion and in no way can it be interpreted as investment advice. Trade at your own risk and do you own due diligence. Shortby adventurous51Published 449
The most concern I have for GDXIs it may positively correlate to SPX again if SP starts to rollover. So keep that in mind. by Dllew2019Published 4
GDX - Great shorting opportunitySomeone said that going LONG with gold is shorting humanity. Shortby MarketTodayPublished 664
GDX strict stop loss at 31 GDX strict stop loss at 31 ...Bull Flag got broken on the down side .. Hit stop loss yesterday. If we do not hold 31 we are risk of more stronger correction..I am hoping 31 to 31.5 to hold so that we can we reach our earlier reverse H & S target of 46.. let us have our fingers crossed...Educationby karagis75Published 2
GDX looking for an other +10% breakoutThe fundamentals and the technicals all are there.Longby FeroxXPublished 9
Gold Miners looking positive to me.Weekly Log of GDX. No new low on recent drop and break up above recent high. Near term target box given. Process you way. Also see Silver Miners chart from today as well. Longby goodguyPublished 3311
GDX showing flag break out post Fed ..target 37 to 38GDX showing flag break out post Fed ..target 37 to 38 . Currently bullish still flag structure continues...and breakout holds Stop loss is always 2%..33.25 since it is highly volatile Educationby karagis75Published 2
GDX Confirmed Breakout => $50 ObjectiveGDX looks good : we have certainly seen the bottom here. Breakout was validated by the pullback confirmation. There is a huge potential here, based on the previous lows of march : Target Price of $50. Volumes are not very high, but they should pick up quickly, as investors have being buying the dips during the past weeks.Longby LahbabiPublished 10