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GDX Wave 4 Setup Update

VanEck Gold Miners ETF (AMEX:GDX)  
TradingSurfers  
AMEX:GDX   VanEck Gold Miners ETF
Chart Patterns Technical Indicators Wave Analysis GDX gdxanalysis gdxetf goldstocks setup elliottwaveprojection elliotwaveanalysis algotrading
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chartpattern indicator waveanalysis gdx gdxanalysis gdxetf goldstocks setup elliottwaveprojection elliotwaveanalysis algotrading
Green box: 30.60-31.31
Hourly bullish divergence so a front run is possible (notice the horizontal support at 31.79).
Gold prices have more to correct it seems, though.
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