Gold Miners ETF (GDX)

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GDX broke below 26 but I still think that an intermediate term low is imminent
By: CyclesFan | July 14, 2022

• $GDX broke below 26 but I still think that an intermediate term low is imminent. GDX is very Fib oriented when it comes to major low to low counts:
03/03/21 -> 09/29/21: 147 TD
09/29/21 -> 12/15/21: 54 TD
12/15/21 -> 07/14/22: 144 TD
Today's gap could be an exhaustion gap.



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