GDXU (Gold Miners 3x Bull ETF) Long Setup

GDXU (Gold Miners 3x Bull ETF) | 1H Chart**

**The Fed held rates flat**, signaling a potential **pause or pivot**, which gave a bullish jolt to gold and miners.
* Lower rate expectations = weaker dollar = stronger gold = **GDXU gets rocket fuel**.
* This macro tailwind is **highly favorable** for leveraged gold miners in the short term.

* Strong rally from the \$65 zone may mark the beginning of a **Wave 3** move after a clean corrective structure.
* Impulse leg looks textbook — higher highs and rising momentum suggest bulls are in control.

* **Demand Zone:** \$65.00–\$67.33 — **key structure support that's held multiple times**, proving itself as a strong accumulation zone throughout July.

* **Supply Zone:** \$80.60–\$81.95 — recent rejection area; heavy volume and selling pressure reside here.

That \$65–67 demand zone? Straight-up Fort Knox. It’s been the bulls' home base all month. Now toss in the Fed holding rates and gold catching a bid — GDXU’s primed like TNT under \$82.”

🎯 **Long Trade Setup:**

* **Entry:** \$67.33
* **Stop Loss:** \$65.49
* **Take Profit 1:** \$80.60
* **Take Profit 2:** \$81.95
* **Risk/Reward:** \~**5.0 R**

*“Markets are driven by perception and momentum, not certainty.” – Stanley Druckenmiller*

#### ⚠️ **Disclaimer:**

This is not financial advice. Chart setups are for educational purposes only. Always do your own research, use stop-losses, and apply sound risk management.