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It seems GDX will complete a 5w rally to around $23, which is good news for bulls as another rally should then develop after the first corrects (at point [2]). The correction should take GDX to a higher low while gold and silver make their last low for wave 5.
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GDX chart
Posted by steve101 on 14th of May 2017 at 10:09 am
It seems GDX will complete a 5w rally to around $23, which is good news for bulls as another rally should then develop after the first corrects (at point [2]). The correction should take GDX to a higher low while gold and silver make their last low for wave 5.