You’re most welcome Eric. I also just posted another chart on GLD (under the comment section to this post) showing a Fibonacci cluster just overhead that is likely to act as resistance.

Nice chart, thanks JF. Had closed out my GDX long in my trading account recently & a bit early but closed out numerous positions in GDX, GDXJ & NUGT across multiple long-term accounts right after posting that update today as the R/R just isn’t very favorable at this time. Of course, that doesn’t mean gold & the miners won’t or can’t continue higher without a decent pullback anytime soon but I’d rather lock in profits now & re-enter on either a pullback, if & when the charts confirm, or even at higher prices, if/when the technical outlook & R/R firms back up.
Knowing the miners, any reversal soon could very well kick off with a big opening gap down, by-passing any tight stops placed today in order to let those positions run & try to milk out additional gains. Didn’t want to risk that. Thx again for that /GC chart & the other updates in the trading room.