AMEX:GDXJ   VANECK VECTORS JUNIOR GOLD MINERS ETF
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Since the Gold             obviously started a corrective move down it makes sense to load up with ETF which has also started its corrective move. A lot of supports on the way down present a buying oportunities. My bet would be bellow the red line, which is somewhere between 50% and 61 % fibo lines.

How to trade

1. Wait for a bounce first and then load up
2. If it closes lower than 61 % fibo for 2 consecutive times, negate the trade.
3. Use weekly ATR reading for stops

Regards
Starting to heat up
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My orders were misse although I think we have a good entry chance right now. Significant pullback on friday has reversed. If reversal continues above 8 EMA it is time to load.
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