There's a couple ways to draw this...but this is the YTD triangle that is coming to resolution in the very near future. No other option. Indicators are currently all poised for a major breakout to the upside...BUT, can they do it this time around???
If you draw it like this, GDX has until approx $23.20-$23.30 until reaching the top of the triangle.
Or, you can draw it like this that shows 2 false breakout's...and now we're on the verge of touching again.
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