Miners have started their fall into a ICL. This should complete the Shark pattern and move down into the $21 area. I would expect a blast lower than the May low to complete the failed DC.
註釋
As gold moves down towards 1243 it should find support, perhaps we get a bounce but the trend will continue lower. The 1220-1230 should be reached at 78.6% fibo. We could go lower.註釋
On Target for 1203註釋
Pattern complete, BUT, could continue lower from here. Tighten stops to protect your profits. 註釋
ICL coming soon to miners. Target lower trend line or just below to enter GDX.註釋
Target was reached in DUST, you should be out of the short trade.註釋
Resistance for Gold at 1260. Long term trend line converges at previous top. A break above will bring a lot of traders in. 註釋
Target one approaching for GDX
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