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MikeAlwin

More upside on Gold and Gold ETF

Long
VanEck Gold Miners ETF (AMEX:GDX)  
MikeAlwin  
AMEX:GDX   VanEck Gold Miners ETF
Beyond Technical Analysis Fundamental Analysis Technical Indicators Gold GOLDETF ETF GDX GLD XAUUSD LONG swingtrading NUGT
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beyondta fundamental indicator gold goldetf etf gdx gld xauusd long swingtrading nugt
While Gold fell yesterday due to interest hike fears and China's economy.
I believe the Gold still has more upside.
Currently, looking at gold miners ETF. Believe that it might fall to support level ($26 area) and bounce back higher.
Aiming for around the $ 30 area..

However, should it break $26, I will exit my trade.
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