wallstreetsharks

GDX wave 4 Rebound, Potential wave 5 target , Risk/Reward 5.59

Long
AMEX:GDX   VanEck Gold Miners ETF
GDX rebounded from critical support level of 78.6% retracement.
Wave 5 target will be 127.2% or 32.71 level.
Risk/Reward Ratio 1:5.59
Stops to breakeven at 27.42

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