VanEck Gold Miners ETF
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GDX - Bullish Wedge Pattern

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GDX saw a rise in price from June breakout until its top in September. Since that September top, the stock has formed a bullish wedge pattern where it is currently bouncing off the support line. There is also a slight bullish divergence between the price & the RSI indicator.

Just waiting for the bullish breakout to occur to activate a potential price target. Any breakdown would negate the formation.

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