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nftrh.com

GDX looks upward to decision point

Long
VanEck Gold Miners ETF (BATS:GDX)  
nftrh.com  
BATS:GDX   VanEck Gold Miners ETF
Moving Averages Flag
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The rally in GDX (daily chart) sees the price eyeballing the 200 day moving average and a decision point about whether to break the corrective downtrend from May's double top.

There are downside gaps from November, 2022 and October, 2023. But these do not need to fill any time soon. Watch the SMA 200.
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