Important fib and previous price action zone @26 for GDX. Also watch gold at 1250 for important resistance level. Gold should eventually test the long term downtrend line at about 1300 though.
XAUUSD Buy at 1175 based on fib levels and price action zones. Stop 1148. Target 1248. Time frame 2 months. Demo account. 1175 is area of inverse HS support. 1148 is just below support. If it breaks 1040 is in sight.