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Trader-Dan
Jul 2, 2023 2:58 PM

GDX - Time to shine ?  

AMEX:GDX1D
VanEck Gold Miners ETFArca

Description

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GDX showing signs of green shoots. If it can break $30.60 we could see a relief rally back towards $35.

RSI divergence + some bullish candle closes.

A move below $27 negates the idea.
Support and ResistanceSupply and Demand
Comments
Trader-Dan
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Awesome thanks!
joecoyle
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About two weeks since you posted this and I believe GDX could shoot as high as $40.00 in the next 30 or so days. I see a heads and shoulder pattern forming. Please check out my chart tradingview.com/chart/?mind=fopLvhHZScCL049WW3M8eA&symbol=AMEX:GDX
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