AMEX:GDX   VANECK VECTORS GOLD MINERS ETF
25 3 1
Approaching resistance region and targets for minor wave 1 off the lows. I've adjusted wave degrees, but price targets and support are little affected. Caution is warranted as GDX             could see a 16-26% drop in wave 2, however, shallow retraces are certainly possible.
Over 20.40 and its possible the count presented is off. YES, waves 1-2 can be complete as indicated in blue.
GDX closed right on support for continuing wave v of 1. Also possible today's decline represents an a-wave of ii in an ending diagonal.
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15 minute detail for anyone interested. I've indicated my profit taking area and stop. Already took 1/3 profit near yesterday's close from entry on Monday 3/14.
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Correction, over 24.10, not 20.40... Sorry for the typo...
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