CastAway Trader
CastAway Trader Predict the Next Market Move

In my Private Chat I guided my subscribers to expect a pullback in wave ( iv ) down before resumption of rally.

posted at 9-23 AM on July 26, 2019:

That count confirms broader expectation for a pullback in gold miners sector.
That wave ( iv ) down would be a great LONG setup

GDX 15 min chart updated on 7-26-2019

posted at 3-12 PM on July 30, 2019:

Corrective wave ( b ) may have topped.

GDX 15 min chart updated on 7-30-2019

posted at 2-43 PM on July 31, 2019:

This double three ( w ) – ( x ) – ( y ) count fits this corrective structure much better.

GDX 15 min chart updated on 7-31-2019

posted at 9-35 AM on August 1, 2019:

GDX has opened with a drop into the Demand Zone.

GDX 15 min chart updated at 9.35 AM on 8-1-2019

As you can see on the chart below, my Demand Zone has nailed the very bottom of a corrective wave ( iv ) down and ignited a very strong rally that kept pushing price higher until noon.

GDX 15 min chart updated at 12.00 PM on 8-1-2019