GDX Elliott Wave Technical Analysis – 24th October, 2014

I am changing the wave count at the daily chart level. I have more confidence in this wave count today. Click charts to enlarge. Sideways movement over the last week or so fits nicely as a barrier triangle. Now minute waves ii and iv are better in proportion, and the...

GDX Elliott Wave Technical Analysis – 9th October, 2014

As expected GDX has moved lower. The target for minute wave iii to end was 22.32 and I expected it to be met one to two weeks after last analysis. It looks like it may have ended at 22.02 one and a half weeks after last analysis. I expect a little sideways movement to...

GDX Elliott Wave Technical Analysis – 12th September, 2014

As expected GDX has moved lower. This Elliott wave count looks correct so far. We have some price confirmation with a new low below 25.59. Click charts to enlarge. The clearest piece of movement is the downwards movement from the high. This looks most like a first,...