After the bounce off the $38 price target & re-short (just below 39.88 resistance) scenario played out to a “T”, GDX has hit the $36 price target/support level providing another quick 9% profit (from Thursday’s re-short entry) with a reaction likely before the next leg down. Previous (last Wednesday) & updated daily charts below.
GDX daily Nov 6th
GDX daily Nov 12th