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GDX recovering

VanEck Gold Miners ETF (AMEX:GDX)  
Auguraltrader  
AMEX:GDX   VanEck Gold Miners ETF
Chart Patterns Trend Analysis Technical Indicators GDX Gold miners goldminers
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chartpattern trendanalysis indicator gdx gold miners goldminers
Quick note that the GDX is finally recovering.

After about 8 weeks, and a consolidation range, the GDX appears to be recovering with a nice gap up on the weekly chart. Technical indicators are turning up, and the daily chart would be testing the 55EMA soon...

29 appears to be a very strong resistance to break.

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