GDX Elliott Wave Technical Analysis – 14th November, 2016

Today for GDX I have Elliott wave charts, classic weekly and daily technical analysis charts, and a brief summary. Summary: There is a strong downwards trend for GDX that does not show signs of weakness yet. Only when RSI and / or Stochastics reach oversold and then...

GDX Elliott Wave Technical Analysis – 7th October, 2016

Last GDX analysis on 31st of August expected the downwards trend to be interrupted by a bounce. Price moved sideways for about four weeks, which fits expectations, and is now moving strongly lower. Summary: A downwards trend is in place for GDX, but the bears look...

GDX Elliott Wave Technical Analysis – 31st August, 2016

Last GDX technical analysis was very bearish. Price has continued lower. Summary: This downwards trend may be interrupted here for a bounce. How high the bounce goes may tell us what may happen next. There are multiple structural Elliott wave options open, so it is...

GDX Elliott Wave Technical Analysis – 16th June, 2016

Charts only today. MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. DAILY ELLIOTT WAVE COUNT Click chart to enlarge. ALTERNATE DAILY ELLIOTT WAVE COUNT Click chart to enlarge. TECHNICAL ANALYSIS DAILY Click chart to enlarge. This analysis is published @ 04:55 a.m....

GDX Elliott Wave Technical Analysis – 7th February, 2016

The bear Elliott wave count was invalidated by a new high above 16.45. I have just one bull wave count now for GDX. Summary: GDX is in a bull market confirmed by price. New updates to this analysis are in bold. MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. This...