GDX bounce but not out of the woods yet

GDX found an interim bottom and bounced as expected, but it is not clear that it is bullish, as yet. the recet deep retracement put it out of the -3SD and it bounced back. But apprears to stall for a bit.
Daily technical indicators are not very bullish and this suggests a bit more baking time needed.

Weelly Gap area is the support, a a breakout of the downtrend line is necessary in the week to come.

Watch for it...

Komentar:

At the current point, it is disappointingly volatile...