Lionheart-EWA

GDX - Metals Trading | Elliott Wave Structures I Q2 2019

AMEX:GDX   VANECK VECTORS ETF TRUST GOLD MINERS ETF
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GDX - Elliott Wave Outlook

Bullish Swings - Patterns:
ABC swing in Intermediate (A) (green
Simple Correction in Intermediate (B) (green)
Ending Diagonal in Intermediate (C) (green)

Bearish Swings - Patterns
Sharp Bearish Impulse in Intermediate (A) (light blue)
Simple Correction in Intermediate (B) (light blue)
Ending Diagonal in Intermediate (C) (light blue)
Bullish Harmonic Pattern

Next expected swing:
Bullish leg in an attempt to reenter the Channel.

Structure change:
A breach on the down-side in an impulsive manner could lead towards a down-trend confirmation for Precious Metals.
Trade active: Starting an attempt for the up-side.
Comment:
Comment: GDX is not done with the bullish sequence.

Labeled in an Ending Diagonal for Cycle C (black).

Comment: Ending Diagonal about to finalize.
bought today with a similar count - thanks
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Lionheart-EWA the_sunship
@the_sunship, Many pips ahead!
Welcome
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JonathanMcBrine the_sunship
@the_sunship, Todd Gordon, who predicted the last jump with GDX, was on again predicting another smaller bump based on Elliot WAVE
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toddgordontrade Lionheart-EWA
@Lionheart-EWA, @JonathanMcBrine Thanks guys, I appreciate that!
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Lionheart-EWA toddgordontrade
@toddgordontrade, Big fan right here @toddgordontrade enjoy your work, keep it up, you rock!
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