GDX Bullish Scenario

Metals seem to be pushing higher without giving us that one more low. No point in arguing with thre market. If it continues, this is the GDX path I see.

Комментарий:

Nothing very telling today. Bears failed in dragging this chart down and the bulls have yet to prove themselves. I really do not want to see this move sideways for much longer without making a decision. In the bigger picture, the one more low scenario is still very viable, and I am treating pullbacks as buying opportunities.