yyunhong
Long

Gold Miners after Trump's win

AMEX:GDXJ   VANECK VECTORS JUNIOR GOLD MINERS ETF
23 0 1
09 Nov 2016 - D-day that Donald got elected as US President.

Gold             spiked up to 1334 before retracing back all its gains currently.

GDXJ             gapped up at opening, $42 and retraced back to $40ish level.

It is now back to the bottom blue line and there may be a good chance for consolidation either around the bottom blue or middle pink line.

Good risk/reward trade to buy at $40 and below.

Cut loss below $39.50.

Target $44, top of the orange channel.
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