VanEck Gold Miners ETF
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GDX Ready to push Metals Higher

ที่อัปเดต:
GDX has been consolidating within a Complex Corrective Structure which is most probably terminating its last legs.

According to the Wave Count on GDX, precious metals would become a Strong BUY soon.

Views:

XAUUSD - Bullish
XAGUSD - Bullish
บันทึกช่วยจำ
GDX bounced nicely to the up-side which what appears to be an Impulse.

Up-Trend almost confirmed.

Upper channel will be in focus for a possible break-out.

สแนปชอต
บันทึกช่วยจำ
Upper Channel Break-Out confirmed.
GDX would retrace soon for the second wave, then expected to resume the up-trend in an aggressive manner.
บันทึกช่วยจำ
Update:

สแนปชอต
บันทึกช่วยจำ
สแนปชอต
บันทึกช่วยจำ
Retracement starting, will be looking for a Zig-Zag for Bullish confirmation on metals.
บันทึกช่วยจำ
สแนปชอต
บันทึกช่วยจำ
GDX retraced 78.6%, Minute II would terminate at these levels and GDX could show a Rally, the biggest in 3 years.
สแนปชอต
บันทึกช่วยจำ
Don't get fooled by all this commotion:
สแนปชอต
บันทึกช่วยจำ
สแนปชอต
บันทึกช่วยจำ
Wave Count updated:
สแนปชอต
Chart PatternsWave Analysis

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