VANECK VECTORS GOLD MINERS ETF AMEX:​GDX

As gdx meanders along, it is strengthening its case for a breakdown.

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A follow up to Sunday's video on Gold, the commodity, GDX looks like it is almost ready to break out of this consolidation. The fundamentals are clear and suggesting you want to look to this sector now! Hope you guys enjoy, I would love to hear all and any feedback. Have a great day all!

Just expecting minor movements if USDJPY remains in 106-110 trading range....

I like to hear for people what they think about GDX

will GDX drop till 1 Jun and rebound?

Not sure what to make of this chart. The FIB 62 support has held for 15 months at a touch over 21. Not sure what to make of the shorter term support in place for this year but if the overall market keeps moving up the miners may need to come down and test the FIB 62 again.

https://www.tradingview.com/x/TYSawLpS/

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Here's my 2 cents on the miners. Based on the last 7 months or so, it looks like we had 2 cycles and are currently in a 3rd. They range about 109-137 days. In each of these waves you can see three minor waves. If we are currently in the 3rd wave of the 3rd cycle then I would expect it to be LT and drop fairly soon. It shouldn't take out the highs of April unless ...

Cup and handle with inverted head and shoulders.

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Either the gold miners will drop to the bottom of the triangle consolidation before starting their next run, or they will break out of the triangle without touching point E. If the latter happens, watch for the fake out - break out. Otherwise, it may be a good time to catch this run while the stock market is in a sideways consolidation phase for a few months. I ...

GDX continues to outperform GLD . This isn't what happens before a big $gold selloff. Most likely, this is an advance-warning of gold's impending breakout.

Target according to Gann's Law of Vibration

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This a continuation of a trade that started as a put side net credit diagonal. With the underlying chopping along nicely in a fairly tight range, I figured I'd add a short call aspect to beef up the credit received on roll, increase theta, as well as to smooth out/neutralize the delta in the setup. For lack of a better label, it's basically a "Calendarized Iron ...