meszaros

Gold miners are rising?...

Long
AMEX:GDX   VanEck Gold Miners ETF
Gold miners are rising? The ETF technical image of GDX Vaneck Vector Gold Minners shows this. GDX's price began to build a rising three-wave wave structure. This equally starts as a correction of a long decreasing trend back. Low D1 ATR decreasing volatility. If the exchange rate is capable of building a full three-wave structure, it can predict a more steady trend turnaround and a longer rise.

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