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TheLazyBrother

Make or brake for GDX

Short
VanEck Gold Miners ETF (AMEX:GDX)  
TheLazyBrother  
AMEX:GDX   VanEck Gold Miners ETF
Technical Indicators Gold
2
0
indicator gold
It is decision time for GDX. If it breaks the red line, the bear will continue, so higher highs (and ASAP!) are required to support the weak bullish case. Note the MACD bearish crossover.

Overall, it seems to support the bearish case for gold.

Idées en relation

TheLazyBrother
PA impulsing, correction might be next
TheLazyBrother
PL chart pointing down
TheLazyBrother
Gold/Silver Ratio at long term resistance
TheLazyBrother
Low risk setup in Gold, bear continuation
Clause de non-responsabilité

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