TradingView
meszaros
Oct 15, 2018 12:01 PM

GDX VANECK VECTOR stands in front of a large rise... Long

VanEck Gold Miners ETFArca

Description

GDX VANECK VECTOR stands in front of a large rise. Your exchange rate can practically doubled. Therefore, gold miners' stocks are a good investment. The exchange rate increase can be achieved by building a triple wave structure. The first correction can start at 29 usd levels. Its size is 0.25 D1 ATR. Next, the second wave structure could be built with a target price of 35.89 usd. Then a 0.5 D1 ATR correction is expected and further rise. The third wave structure can reach 43 usd levels.
More