WinstonWolfe

The GDX is about to break out!

Long
AMEX:GDX   VanEck Gold Miners ETF
The GDX ETF is about to break out. Initial target is the high 40 as this is the next resistance level. This also coincides with the 50% fibonacci retracement level. I would expect some consolidation following this target being met, eventually heading higher.

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