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hangonstaycalm

Tell me how you really feel. GDX Trend Channel Trade Chart

VanEck Gold Miners ETF (AMEX:GDX)  
hangonstaycalm  
AMEX:GDX   VanEck Gold Miners ETF
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
Here's a 2 hour candle trend channel chart for GDX pre-FOMC. Today's FED update will be a big test for the PM sector. After a huge sell-off since April the trend appears to be making a bottom here. However, IMO - as I see it, a volatility spike low is a real possibility as bids and offers dry up around the news releases and Powell's presser. The tell will be in the follow through or reversal. Expect the longer trend influences to show up next week
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