RHTrading

GDX Decision Time

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AMEX:GDX   VanEck Gold Miners ETF
11
We hit my final E in the descending triangle. I expect us to rise and chop sideways for a while, perhaps forming an inverse H&S then flag out (handle) and then break out. If you were ever to take a bet on gold, this may be the ideal opportunity. Though I'm unsure how earnings next week will play into this equation.

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