GDX broke trendline on a weekly basis with OBV breaking trend as well. Very bad signal for gold.
21.32 is the next support if this does not turn out to be a bear trap next week, and below that opens up 18 level. Overall this thing may not be a triangle at all. So what is it?
21.32 is the next support if this does not turn out to be a bear trap next week, and below that opens up 18 level. Overall this thing may not be a triangle at all. So what is it?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.