GDX update October 3

GDX: gold miner stocks have in our opinion not bottomed yet. We’d like to see lower price, albeit not by much. The yellow box shows the ideal major b target zone ($25-$20) with $22.50 being THE ideal. It is right a the lower end of the support/resistance zone. From there we’d like to see a nice c=a wave targeting $42.5ish in our (blue) Primary B zone

gdx