VanEck Gold Miners ETF
Mis à jour

GDX - Metals Trading | Elliott Wave Structures I Q2 2019

891
*If you like this idea please support it with a like so I can publish more. Thanks!
More details about me in my signature.

GDX - Elliott Wave Outlook

Bullish Swings - Patterns:
ABC swing in Intermediate (A) (green
Simple Correction in Intermediate (B) (green)
Ending Diagonal in Intermediate (C) (green)

Bearish Swings - Patterns
Sharp Bearish Impulse in Intermediate (A) (light blue)
Simple Correction in Intermediate (B) (light blue)
Ending Diagonal in Intermediate (C) (light blue)
Bullish Harmonic Pattern

Next expected swing:
Bullish leg in an attempt to reenter the Channel.

Structure change:
A breach on the down-side in an impulsive manner could lead towards a down-trend confirmation for Precious Metals.
Transaction en cours
Starting an attempt for the up-side.
snapshot
Note
snapshot
Note
GDX is not done with the bullish sequence.

Labeled in an Ending Diagonal for Cycle C (black).

snapshot
Note
Ending Diagonal about to finalize.
snapshot

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.