AMEX:GDX   VANECK VECTORS GOLD MINERS ETF
34 0 1
Miners are setting up a very bullish move which, if confirmed, would merit at least some exposure in your portfolio imo. GDX             and GDXJ             are possibilities, or you could chose from among the individual names. I've mapped out two bullish interpretations for corrective pullbacks. Below 18.86 without a b-wave bounce, I'm going to add to existing positions.

Below 15.80 and I'd have serious reservations about continued upside in the current structure, however the Elliott Wave set-up won't necessarily invalidate until below 15. We'll address that IF support breaks down...till then, I'm a buyer.

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out