The GDX (gold miners ETF) short pullback trade has just hit the first price target (T1) for a quick 6% – 8% profit based on the 2 recently highlighted entries (bearish rising wedge breakdown & subsequent backtest). Depending on your trading plan, consider booking partial or full profits and/or lowering stops if holding out for T2. Previous & updated daily charts below.

GDX daily Jan 30th

GDX daily Jan 30th

 

GDX daily Feb 2nd

GDX daily Feb 2nd

GDX daily Feb 6th

GDX daily Feb 6th