With both GLD (gold ETF) & /GC (gold futures) now trading below the 60-minute bearish rising wedge patterns that I recently posted, GDX (gold miners ETF) now also offers an objective short entry on today’s breakdown below the 60-minute bearish rising wedge pattern & most recent divergent high with a max. stop of 42.58. Price targets shown at arrow breaks on the 60-minute chart below. DUST is the -2x bearish (short) gold miners ETF.
GDX 60m Sept 27th