JayJJ

GDX; Quick Long Opportunity

Long
JayJJ Updated   
AMEX:GDX   VanEck Gold Miners ETF
Looking for mid-term BUY on GDX, fullfilling a few criterias
- Supply drying up on the second bottom and notice some DEMAND coming up
- Bullish Engulfing Pattern
- My Trading Indicator signals a buy above 26.52
Trade active:
Closed 2/3 of my position at 27.88
- Targeting 28.16 next

Congratulations on whoever took this trade
Trade active:
Continue to long on GOLD, support at 27.48 but setting trailing stop loss.
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.