GDX update 06/06

It has been a while since I posted an update on the goldminers, but finally there’s movement: price closed above the 200d SMA and confirmed an OEW uptrend. Thus the preferred count is that intermediate-a and -b of major c are in. Ideally intermediate-c should now target the 1.618x extension: $32.33. That would then complete all of Primary B as a possible flat correction. But, till then it looks like lot’s of money can be made.

GDX