GDX support zone

2 thg 5, 2021

Risk vs Reward alert is good here as long as the support zone holds.
GDX broke out of the down trend line / resistance zone, and pulling back to test the zone again.
In EW cycles, GDX looks to be forming micro 3 - 4.

6 thg 5, 2021

Ghi chú

In Diagonal, GDX needs to move up and retrace back down (1-2) before taking off. Still a long way to go before we can be confident.

7 thg 5, 2021

Ghi chú

Nice up movement today.

7 thg 5, 2021

Ghi chú

XAUUSD is up nicely. GDX is lagging but made a new higher high.

11 thg 5, 2021

Ghi chú

GOLD chart for reference

17 thg 5, 2021

Ghi chú

Trimming my position here