GDX Triangle, Downside Preferred~

2019년 4월 13일

Haven't touched stocks or ETFs for a while and now I decide to get back to my favorable Gold stock analysis.

We can easily spot that flag on 4H or Daily chart of GDX, normally with previous bullish price action, gold has slightly more chances on breaking the top side of the triangle.

But!! When I zoomed out to weekly, it tells me a different story. GDX was unable to break the resistance, and I'm thinking that we are on a beginning of a small bear. And I'll post the screenshot below.

I'll keep this post as long as I can and I may consider to enter a trade once there's a breakout on the triangle.

2019년 4월 13일

노트

2019년 4월 22일

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2019년 5월 3일

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Support Broke, so nice target will be here?

2019년 5월 10일

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many failed attempt, daily still have hopes on breakout, even though miner tells different story