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Auguraltrader
Mar 16, 2024 12:40 AM

GDX break out  Long

VanEck Gold Miners ETFArca

Description

Have been tracking Gold and the Gold miners ETF GDX... It has been a while and it appears that Gold and GDX are at least in sync again.

GDX appears to have closed the week above the long term range and just broke out, if not about to...
MACD and VolDiv have not yet crossed over but indications show. The TD Setup is still showing primary bullish and a new Setup is forming, with a target to close above 36.26 within the next two months.
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