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paulyberndt
Jul 11, 2014 3:43 PM

GDX Long Weekly Long

VanEck Gold Miners ETFArca

Description

I am watching the miners on the weekly.
I will go long after it clears above the fractal marked
on a daily it is just about a double top so I want to see
that it clears that 28.03 area. The bullish divergence is
classic Elder showing the bull is breaking the back of the
bear LOL Once it clears that area I will look for entry points
on the daily. It is inside the cloud on the weekly but it is showing
great strength
Comments
Will_Wong
It also painted an iHnS with a target of $39. Same with GDXJ with a target of $76
paulyberndt
thanks for the targets
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