GDX: In the Arc We Trust

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GDX has formed long-term support that has been built upon the arc shown in the chart. Should this arc prove to be true and continue to hold, it will lead us to our SCOTCHstocks initial target range of $52-$60.

Everything shared here is my own opinion and no results are guaranteed. Good luck!
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Slightly adjustedthe arc, but still very much on track!

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ARCChart PatternsGDXGoldHarmonic PatternsTechnical Indicatorslongtermtradingpreciousmetalssupportbreakout

The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances.

Good luck!
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