Market_Masta

GDXJ - Head Shoulders Measured Move

AMEX:GDXJ   VanEck Junior Gold Miners ETF
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Cleanest head and shoulders pattern.
Projection for completion of measured move is Jan 30th $25-$24.90
Comment:
On the back of the Fed rate hike and gold breaking down to 1142, crucial support level, GDXJ gold miners broke bearish triangle.

Also of note, Gold Monthly chart
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