VanEck Gold miners ETF – GDX Elliott Wave analysis
Conclusion and strategy
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GDX is in the early stages of a bullish impulse, with the most powerful wave segment currently in play.
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The rally remains intact, and momentum is building toward the projected $55.24 level.
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Traders should track wave development closely and respect the invalidation point ($40.26) to manage risk.
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The structure aligns strongly with classic Elliott Wave rules, indicating a high-confidence trade setup.
TradingLounge – Analyst: Siinom.
VanEck Gold miners ETF – GDX Elliott Wave analysis [Video]
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