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GDX First Price Target Hit

GDX (Gold Miners ETF) has hit the first target from yesterday's video following an impulsive breakout above the 30-minute bullish falling wedge pattern. Next target 22.23 (unadjusted). Unofficial trade idea. 30-minute chart:

GDX 30-minute Dec 13th

GDX 30-minute Dec 13th

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2017-12-13T14:23:41+00:00Dec 13, 2017 11:07am|Categories: Gold & Commodities, Unofficial Long Ideas|Tags: |1 Comment

One Comment

  1. rsotc December 13, 2017 12:11 pm at 12:11 pm

    So far GDX playing out as predicted in yesterday’s video with a breakout above the falling wedge followed by a rally up to the 21.81 area followed by a minor pullback off the initial tag of that level so far. Now looking for the next leg up to the 22.20 area to kick off soon.

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