VanEck Gold Miners ETF
Short

GDX not looking so good

124
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?

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