GDX breaks up out of a bullish falling wedge and completes a successful backtest then seals the deal with a higher low and higher high. This all looks bullish to my eye.
GDX is still in a short term downtrend off the highs, and remains below the monthly value area low of 28.42. As long as that remains the case, once we get through opex today, the downtrend should continue for the rest of Sept. 9/20/19
GDX is still in a short term downtrend off the highs, and remains below the monthly value area low of 28.42. As long as that remains the case, once we get through opex today, the downtrend should continue for the rest of Sept. 9/20/19