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meszaros
Aug 18, 2018 10:44 AM

Gold miners are rising?... Long

VanEck Gold Miners ETFArca

Description

Gold miners are rising? The ETF technical image of GDX Vaneck Vector Gold Minners shows this. GDX's price began to build a rising three-wave wave structure. This equally starts as a correction of a long decreasing trend back. Low D1 ATR decreasing volatility. If the exchange rate is capable of building a full three-wave structure, it can predict a more steady trend turnaround and a longer rise.
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