GDX VanEck Gold Miners ETF

$GDX Whether you call it a right shoulder of the inverse head and shoulders pattern or the end of wave 2 of wave 5, it doesn't matter. A massive rally for the rest of the year is ahead (wave 3).

$GDX is a go, per this chart in IB: recent upswing on increasing volume, then pullback on falling volume, now reversing in the 2.0 SD zone per LRC.

$GDX: 4 of 5 signals for a buy here. We're in $GDXU already in the Live Trading Room, but can add if/when we get that OBV signal.

$GDX NOV20 83C · still actionable Zone: $80.45 to $81.59 Invalidation: close under $79 Objectives: $87, then $90 The math: up 7.4% to the first objective and 11.1% to the second, against 2.5% risk on the invalidation, better than 4 to 1 to the second. This is a swing, and the story is simple. Gold miners have been knocked down for three weeks straight, yet on Monday buyers finally showed up near $79 and pushed the fund back over $81. When a group gets this beaten down and then holds a real floor, the bounce often has room to run, first back toward $87 and then toward $90 if gold keeps its footing. You are not chasing strength here. You are stepping in where sellers look tired and the plan is clear. P.S. 92 of every 100 miners in this fund now trade below their 50 day average, the highest share since late July, which is the kind of washout that often comes right before a bounce.

$GDX $NUGT $GLD.X 4000 level support is so strong and oil is crashing, Asia market is rushing to buy. Stacking up!

$GDX $GDXU $GDXD Gold on the 6-min TRChart with decay fan rails and FIB scale calibrated for decay - intersting to note that bear counter swings often end at the .786 FIB level,; also the 36 min TRChart with fan rails, the 333 & 144 EMAs shows a much more complex trend structure that will take time (& money) to resolve - overall still a bear-leaning consolidation

$GDX trying to hold the $88 level, but if that breaks, there are two gaps at $84.50 and $79 that are waiting to be filled. I think you can start gradual accumulation here but be prepeared to add more at lower price. 10Y yield at ~5.3% is a problem for metals. $SLV.X $GDXU $AGQ $GC_F

$GDX NOV20 80P · still actionable Zone: $81.32 to $82.46 Invalidation: close over $83.92 Objectives: $77, then $74 The math: down 6.0% to the first objective and 9.6% to the second, against 2.5% risk on the invalidation, better than 3 to 1 to the second Dear friend, picture a shelf that held every bounce this month giving way under one heavy morning. GDX closed at 86.72 yesterday and sits near 81.89 today after slipping under the 82.45 low from October 14, and that lost low is the whole story because buyers who defended it before are no longer standing there. This swing leans with the break rather than guessing at a bottom, and it stays honest only while price stays under today's high. P.S. Keep one eye on the morning low at 81.77. If that floor gives way too, there is little standing between here and the first objective.

$GDX , $GDXU There are still gap magnets below that may fill near 76 and possibly 72 on GDX (from July/Aug daily chart). With the bullish miner % (BPGDM) dropping to only 32.88, I remain wary about today's action.

$GDX $GDXY $GLD even though we only had 4 trading days this week if gold finishes strong today we easily have a dividend over .10c next week.

$GDX final dip, are you all ready to buy, this may be the last chance for a while, DO not miss out

🔥 $GDX — Is the Gold Miners Correction Setting Up the Next Major Advance? GDX remains in a powerful long-term bullish Elliott Wave structure, despite the sharp W-X-Y correction from the recent peak. 🎯 Key conclusion: the larger trend still favors the upside while the major cycle remains intact. The decline into wave y may have completed an important corrective phase, keeping the door open for another sustained advance. 👀 Why it matters: if the current pullback holds above the corrective low and buyers regain control, GDX could be preparing for the next major bullish leg rather than a deeper breakdown. #GDX #GoldMiners #Gold #ElliottWave #Trading Convert to PDF

$GDX $GLD never seen anything more bullish. Yesterday, 29th September, 10247 Gold 100 futures were bought on COMEX. thats ~32 Tons of GOLD. IN 1 DAY. Institutions are buying heavily! The price, for sure, will go UP 🚀

$GDX The government tries to solve inflation with more inflation. Example you cant afford food they give more money to that program. See higher education, healtcare, etc. This is an opportunity.

$GDX $QQQ $SPY oil is gonna go down" Trump says because of a deal of millions of barrel from Russia . Guess what. Those millions gets wiped out in just 8days. 3.2 millions barrels a day in consumtions in just America . Haha Trump trying to fool you guys. Diesel to 20usd gallon incoming. Bye bye empire .

$GDX really? WTF is wrong now? Expectations for a rate hike way down, oil down and yet WS is hate fucking the price?

$GDX $GLD.X $GDXJ have you seen stronger gold buying than this? ever? JPMorgan alone bought 19 tons of gold. In 1 day! Inflation will be very very strong. They know it. Go into Gold. This is the first time I ever said that. But the numbers dont lie... and the Smart Money will Not lose money. Go into Gold. $SMH $TSLA

$GDX Given everything happening in the world: rates, inflation, geo-politics, AI froth etc etc.... $GDX $GLD.X and related symbols are likely to be in play. Using the macro argument for a directional bias is tricky as most macro analysis comes charged with a heavy dose of subjectivity. Thus, if we simply use that backdrop as a way to view the sector as offering up skewed potential, we can then lean on objectively derived price levels in order to determine how we should trade the underlying instruments. In this case, 88.53 (ORANGE) is the current inflection point for bulls and bears. If this holds it sets up the possibility for a better inflection point at 93.54 (RED) - in between these levels is trading chop and little edge. 84.16 is the magnet if we see 88.53 give way. Not all these lines mean the same thing. Some are fixed, some move with the session, some pull price toward them. More on that as we go

$GDX NOV20 83C · still actionable Zone: $80.68 to $81.82 Invalidation: close under $79.08 Objectives: $86.72, then $89.39 The math: up 6.7% to the first objective and 10.0% to the second, against 2.7% risk on the invalidation, better than 3 to 1 to the second. Dear friend, picture a basket of gold miners that fell hard for a week and then found its feet this morning. GDX slipped to 79 dollars and 8 cents today, held that low, and climbed back to about 81 dollars and 25 cents. This is a swing, and the idea is simple. Hold above 79 dollars and 8 cents and the road back runs first to 86 dollars and 72 cents, the close on October 21, and then to 89 dollars and 39 cents, the high from October 13. If shares close under 79 dollars and 8 cents, the floor gave way and you step aside. P.S. Watch 81 dollars and 39 cents, the high today, because a move over it shows buyers pressing on.

$GDX $GLD $GDXJ Russia and Kazakhstan are offloading some central-bank gold, while Poland's is buying more. What does this reshuffle mean for individual gold investors? 🧐