GDX reversed off my 4th price target on the 60m chart which was also the 200-day MA’s on the daily chart, when gold reversed but remains well below its primary uptrend line for now, another reason why I’m just watching the metals & miners for now. 60m & daily charts below. Plus, some wonky things going on with $USD & Euro lately but if I had to guess, I’d say more downside in the coming weeks to months in the metals & miners.

Sure. I’ll post the 60m, daily, & weekly charts of GLD below this comment & the 60m & daily chart of GDX under a reply to this post. Basically, GLD (which ultimately determines where GDX & silver go) gave a pretty significant sell signal with a weekly close below the primary uptrend line last week (weekly chart) but as of right now, is poised to close back above the TL today, thereby printing a weekly close back above it, making last week’s breakdown a fake-down (false breakdown). GLD & GDX still coming off some big divergent highs on the 60m, daily & weekly charts so personally, I’m standing aside the metals & miners for now.