CastAway Trader
CastAway Trader Predict the Next Market Move

I think GDX is bouncing in a corrective subwave ( B ) of wave ( 5 ) down. After completion of that bounce I still expect another leg down in subwave (C) of wave ( 5 ) down to make a new lower low in 10.00 nighborhood.

GDX - weekly chart updated at 11-00 AM on 3-26-2020

GDX may push a bit higher deeper into the Red Target box but we can start another impulsive drop very soon.

GDX - 120 min chart updated at 11-00 AM on 3-26-2020

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