This is a four hour perspective. A shorter time "snapshot" for you to review.
There is a well defined down-trend channel.
The top middle indicator is a 13 interval average of phase energy (lower top), and this is sagging.
The top indicator is 34 interval for-GDX, and this is sagging.
Chop (below chart) is in the shaded area, and chop zone is red, which indicates downward prices.
Prices are sagging below the .
The has a red border.
My conclusions for this four hour chart are the same as for the , lower price action for-GDX.
I wish you well in all of your trades. Don.