CosmicDust

GDX weekly - long term breakout just happened - 2/6/2016

AMEX:GDX   VANECK VECTORS GOLD MINERS ETF
gdx
59 0 2
gdx
GDX             had a monstrous 3 weeks and now officially closed above long term resistance line. Most likely bottom is in.

It is now facing an nontrivial resistance (blue line). A close above it will validate last week's breakout. Otherwise it may continue with its range bounces.
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