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joecoyle

GDX could shoot as high as $40.00 in the next 30 or so days

Long
VanEck Gold Miners ETF (AMEX:GDX)  
joecoyle  
AMEX:GDX   VanEck Gold Miners ETF
Chart Patterns Trend Analysis goldtrend goldminers
5
2
chartpattern trendanalysis goldtrend goldminers
GDX is forming a heads and shoulder pattern that potential shows the stock rising as high as $40.00. There are a few resistances that GSX will need to break through. I believe the first one is around 32.33 (Very close now), then between ($33.00 and $33.40) and finally around $36.40. What are your thoughts?
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