GDX 2hr - Zooming in on the daily look

Dialing in to the 2hr chart, GDX continues to demonstrate a bullish stature... Looking for $52 - $54 range to cap off (5) of circle 3... with extension to 1.618 toward $59 as a possiblility. Metals can often extend in very bullish markets. GDX should remain above $35 near term, with $33.50 as my line in the sand.
GDXGDXUTrend AnalysisWave AnalysisXAUUSD

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