GDX wave 4 is in progress need to be retrace 30.8 and then fall

GDX wave 4 is in progress need to be retrace 30.8 to 31.5 and then fall towards 27.7
The B wave of Wave 4 is in progress and expected to retrace 50% or 61.8 or 75% (Between 29.88 to 32.22)
If 27.7 does not hold please close your long as we can expect more sharper large drop