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GDX - Chart Link- note the 61.8% Fib retracement where price stalled last week - was a logical place for price to pullback from
GDX - Chart Link- daily - 5 higher low trailing stops
GDX had a reaction from its supply zone and broke its uptrend line. RSI is divergent.
It should pull back below 28.80 before continuing higher.
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GDX logical rejection off the 61.8% Fib last week
Posted by matt on 29th of Jan 2023 at 11:11 am
GDX - Chart Link- note the 61.8% Fib retracement where price stalled last week - was a logical place for price to pullback from
GDX - Chart Link- daily - 5 higher low trailing stops
GDX had a reaction from
Posted by junkie on 29th of Jan 2023 at 01:40 pm
GDX had a reaction from its supply zone and broke its uptrend line. RSI is divergent.
It should pull back below 28.80 before continuing higher.