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
According to the Wave Count on GDX, precious metals would become a Strong BUY soon.
Views:
XAUUSD - Bullish
XAGUSD - Bullish
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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.
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Upper Channel Break-Out confirmed.GDX would retrace soon for the second wave, then expected to resume the up-trend in an aggressive manner.
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Update:Not
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Retracement starting, will be looking for a Zig-Zag for Bullish confirmation on metals.Not
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GDX retraced 78.6%, Minute II would terminate at these levels and GDX could show a Rally, the biggest in 3 years.Not
Don't get fooled by all this commotion:Not
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Wave Count updated:
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.