Gold Miners GDX just broke out - Target 46

With almost a 30% upside full potential, the GDX broke out of a down trend resistance line, with MACD crossing over into the bullish territory. The GDX also nicely bounce off the 55EMA and registered a recent higher high.
System Buy signal activated.

Rather bullish signal, don’t you think?

Projections put the upside target at 46, with pauses along the way.