Gold Miners ETF (GDX): $GDX made a swing high today. The key le...

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Monday, 06/06/2022 3:25:39 PM

Monday, June 06, 2022 3:25:39 PM

$GDX made a swing high today. The key level below is 31.55
By: CyclesFan | June 6, 2022

• $GDX made a swing high today. The key level below is 31.55. A break below that would mean it has started the decline into the next daily cycle low that may happen as early as June 27. If the daily cycle topped on day 14 it means the May low is in danger of being taken out.

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Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
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