GDX expecting 23 support to hold and a buy opportunity is there.. It looks like Elliot wave classical B wave is complete but i feel time correction is not yet complete.. expecting a support around 23 and possible bounce from there for short term.. expecting...B wave to conclude by Mid April ..Elliot A wave correction took 3 weeks and 1 day to complete.. and B wave need to be at least 4 weeks and this reason i expect support at 23 to hold and may be target 28.5..
Trade closed manually
Book profit.. after 15% rally
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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.