GDX Ready to push Metals Higher

8 dic 2017

GDX has been consolidating within a Complex Corrective Structure which is most probably terminating its last legs.

According to the Wave Count on GDX, precious metals would become a Strong BUY soon.

Views:

XAUUSD - Bullish
XAGUSD - Bullish

14 dic 2017

Nota

GDX bounced nicely to the up-side which what appears to be an Impulse.

Up-Trend almost confirmed.

Upper channel will be in focus for a possible break-out.

30 dic 2017

Nota

Upper Channel Break-Out confirmed.
GDX would retrace soon for the second wave, then expected to resume the up-trend in an aggressive manner.

3 ene 2018

Nota

Update:

8 ene 2018

Nota

18 ene 2018

Nota

Retracement starting, will be looking for a Zig-Zag for Bullish confirmation on metals.

18 ene 2018

Nota

7 feb 2018

Nota

GDX retraced 78.6%, Minute II would terminate at these levels and GDX could show a Rally, the biggest in 3 years.

28 feb 2018

Nota

Don't get fooled by all this commotion:

11 may 2018

Nota

25 sept 2018

Nota

Wave Count updated: