-TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates
GDX MNT: V-shape recovery / 70% upside BUY/HOLD(STOCKS) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage.
Gold is currently a strong bull market with more upside mid-term. Also strong seasonal period, so I expect more gains in August/September 2020. Here's the technical overview of gold price, feel free to recap:
🔸 Summary and potential trade setup ::: GDX monthly chart review and outlook ::: chart looks strong right now ::: gold clearly in bull market now ::: miners benefiting from rise in prices ::: V-shape recovery in pgogress ::: 60% through already however ::: 40% upside remains from here ::: recommended strategy: BUY/HOLD at market ::: TP +40% gains ::: setup for patient traders only ::: do not expect fast/overnight gains now ::: good luck traders 🔸 Supply/Demand Zones ::: supply/demand: N/A 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment short-term: BULLS ::: Sentiment outlook mid-term: BULLS
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