GDX Ready to push Metals Higher

٨ ديسمبر ٢٠١٧

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

١٤ ديسمبر ٢٠١٧

ملاحظة

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.

٣٠ ديسمبر ٢٠١٧

ملاحظة

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

٣ يناير ٢٠١٨

ملاحظة

Update:

٨ يناير ٢٠١٨

ملاحظة

١٨ يناير ٢٠١٨

ملاحظة

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

١٨ يناير ٢٠١٨

ملاحظة

٧ فبراير ٢٠١٨

ملاحظة

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

٢٨ فبراير ٢٠١٨

ملاحظة

Don't get fooled by all this commotion:

١١ مايو ٢٠١٨

ملاحظة

٢٥ سبتمبر ٢٠١٨

ملاحظة

Wave Count updated: