GDX Confirmed Breakout => $50 Objective

By Lahbabi
GDX looks good : we have certainly seen the bottom here.
Breakout was validated by the pullback confirmation.
There is a huge potential here, based on the previous lows of march : Target Price of $50.
Volumes are not very high, but they should pick up quickly, as investors have being buying the dips during the past weeks.
Chart PatternsGDXGoldgoldminersTechnical IndicatorsTrend Analysis
Lahbabi

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