Re: Where are the gold miners (GDX) headed?

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watch_the_sky

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Re: Where are the gold miners (GDX) headed?

in response to

Where are the gold miners (GDX) headed?

BAIRES2

posted on Oct 06, 2016 01:02PM

and so...just like clockwork

1. The gap that formed on the GDX on June 3rd near the $22 – $23 range is being filled

2. The $22-$23 range is also near the 50% retracement level of the entire rally up from the January low

an interesting level to watch ($22-$23)...and will act as support until it doesn't