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GDX - Outlook
Swings - Patterns:
swing in Intermediate (A) (green
Simple Correction in Intermediate (B) (green)
in Intermediate (C) (green)
Swings - Patterns
Sharp Impulse in Intermediate (A) (light blue)
Simple Correction in Intermediate (B) (light blue)
in Intermediate (C) (light blue)
Next expected swing:
leg in an attempt to reenter the Channel.
A breach on the down-side in an impulsive manner could lead towards a down-trend confirmation for Precious Metals.
Labeled in an Ending Diagonal for Cycle C (black).