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PhiWaveCapital

GDX Long 11/29/23

Long
VanEck Gold Miners ETF (BATS:GDX)  
PhiWaveCapital Updated   
BATS:GDX   VanEck Gold Miners ETF
Trend Analysis Wave Analysis
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trendanalysis waveanalysis
GDX
snapshot
The impulsive break of the wave (i) of ((c)) high of 30.16 indicates the continuation of trend higher through 32.92 and 36.26. Downside should remain corrective against the wave (ii) of ((c)) low of 27.02.
Comment:
snapshot
The recent decline is rather sharp and not conducive towards the bullish interpretation against the 27.0 low. If the low is violated, it would signal more downside towards 21.51
Trade closed manually
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