The GDX (gold miners ETF) swing trade is breaking below minor uptrend line along with GLD (gold ETF), with these potential sell signals to be confirmed on solid 60-minute candlestick closes below both trend lines. Updated 60-minute charts of both below.

GDX 60m April 4th

GDX 60m April 4th

GLD 60m April 4th

GLD 60m April 4th

Helping to support the case for a tradable pullback in gold is the fact that EUR/USD has just hit my 1.07772 target (from the recent video) with downtrend line resistance just above. As such, the odds for a reversal here (or off the trendline) are elevated & if so, will likely pull gold, silver & GDX down with it. 60-minute chart below.

EUR-USD 60m April 4th

EUR-USD 60m April 4th