ABX, GDX, PAAS
Same as my recent ABX, GDX chart.
PAAS appears to be playing along nicely with a sideways consolidation with classic text book decreasing volume, as well as other indicators looking encouraging, so would expect another pump higher regardless of wave count (either impulsive or corrective). HOWEVER, I have also seen breakdowns from these forming triangles, which I didn't expect, so although this provides more evidence for higher price in the future, it is still hard to tell.
PAAS appears to be playing along nicely with a sideways consolidation with classic text book decreasing volume, as well as other indicators looking encouraging, so would expect another pump higher regardless of wave count (either impulsive or corrective). HOWEVER, I have also seen breakdowns from these forming triangles, which I didn't expect, so although this provides more evidence for higher price in the future, it is still hard to tell.
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