AMEX:GDX   VANECK VECTORS GOLD MINERS ETF
162 3 6
We might be waiting a while longer for that -long- setup. This structure is bearish and we could see GDX             hit as low as the 18s.
Comment: Keeping and unbiased approach into tomorrow as the next direction will most likely happen in the morning. Keep an eye on the current structure. GL
Comment: Looking for a flag to long at this level. Short to low 20s if we reenter the structure. Add to short if we break the support line to mid 18s. GL
Thanks for the chart! I see this descending triangle as well but not sure if GDX will break up or break down.
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xsubtownerx ice_holly01
@ice_holly01, The impulse either way will be rewarding. Just keep an eye on the ranges.
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ice_holly01 PRO xsubtownerx
@xsubtownerx, Sent a message to you. Thanks.
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