Elliott Wave View: GDX Correction Remains in Progress

by elliottwave-forecast.com | November 19, 2020 4:30 pm
Elliott Wave view in Gold Miners (GDX) suggests the Index is correcting the cycle from March 16, 2020 low. The correction is unfolding as a double three Elliott Wave Structure. In the 60 minutes chart below, we...

Elliott Wave View: Gold Miners (GDX) Ready to Resume Higher

by elliottwave-forecast.com | August 18, 2020 3:48 pm
GDX 45 minutes chart below shows that the stock has ended the cycle from June 5 low as wave (3). The rally ended at 45.78 high. From there, the stock did a pullback in wave (4), which...

GDX Elliott Wave: Buying The Wave Four Pullback

by elliottwave-forecast.com | July 16, 2020 4:14 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of GDX, which we presented to members. In which, the rally from 05 June 2020 lows, showed the higher highs...

Elliott Wave View: GDX Extends Higher to 7 Year High

by elliottwave-forecast.com | April 23, 2020 4:17 pm
Elliott Wave view in Gold Miners ETF (GDX) suggests the rally from March 16, 2020 low is unfolding as a 5 waves impulsive structure. Up from March 16 low, wave (1) ended at 27.21 and pullback in...

Elliott Wave View : GDX Looking to Extend Higher

by elliottwave-forecast.com | February 26, 2020 4:27 pm
Short term Elliott wave view in GDX ETF suggests the rally from January 14, 2020 low in wave (3) has ended at 31.98 high. The cycle unfolded as a 5 waves impulse Elliott Wave structure. Up from January...