25 0 0
1) Divergence in the 4hr RSI and MACD crossing over.

2) Price has touched the bottom of the downward trendline on Oct 06.

3) Support at 38.2% Fibo of the rally from Jan 2016 to Aug 2016

4) May see another downleg to sub 37 due to spiking USD but risk/reward is good for a bounce to 42

Risk/reward ratio is 3:1
Trade closed: target reached: GDXJ is likely to see some resistance from the Oct 04 gap.

Will wait for a retracement before going long again.
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