CosmicDust

GDX weekly - simply too strong - 4/29/2016

AMEX:GDX   VANECK VECTORS GOLD MINERS ETF
gdx
40 0 1
gdx
GDX             broke the red resistance and now faces the blue one. It has been so strong and it becomes a bit scary. Now I think it is strong enough for dip buying. Next target is $30 - $33 area (if breaking out again). If it begins to consolidate, the old resisting red line may now serve as support.
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