AwareBear
Long

GDX WEEKLY CHART -- MINERS BREAKOUT, CASH WONT BE KING FOR LONG

AMEX:GDX   VANECK VECTORS GOLD MINERS ETF
With all the NIRP's and ZIRP's flying around in an economy based off fraud and debt, this was expected, and now we have the start of the technical indicators to back it up :)

My target area Short Term is 25-28:
- We have the 23% fib retracement from our move down from our All Time Highs in 2011.
- Weekly 200 ma
- Solid price action (horizontal black lines)
- Broke out of our channel to the upside that start in June 2013
-- If tomorrow (April 12th) holds above this channel, that's when I shoot my final bullet
- The top of our bigger channel is in this area

Feel free to comment with questions or ideas :)

Happy Trading!
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out