AMEX:GDX   VANECK VECTORS ETF TRUST GOLD MINERS ETF
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Descending triangle , negative divergences. Waiting for confirmation expressed by pivoting indicators.
Trade active: Initial confirmation from all indicators, short is on - DUST
Trade active: holding below resistance
Trade active: back to the previous high and close to resistance, a breakout from here is bullish - expecting a bounce from this area and pull-back
Trade active: Closed below resistance, holding...
Trade active: initial target 21.50
Trade active: Close above resistance = bullish. All indicators overbought = bearish.
Trade active: 2 bearish shooting star candlesticks the past 2 days...
Trade active: Break below short term support = bearish
technical indicators declining = bearish
Trade active: Technical indicators still heading down = bearish
Below resistance at 22.50 = bearish
Gold and silver moving higher = bullish
Suggest tight stop here on the DUST short
Trade closed manually: failed signal
GDX is nearly hit 200 DMA, which is the strongest resistance area, because there were 4 times false break from Oct/2016 to 06/2016. Let's focus on it.
DXY is super super weak, which is at extremely level, hope GDX don't surprise us and breakout it even DXY & Yield is super weird.
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wallst lantao517
@lantao517, Had to go back to 10/7/2010 to find the Fisher Indicator to be as low as it is today. Indicator is expecting to see a move higher on DXY.
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