$GDX - RC -
Added 2023-10-07 15:42:24 +0000 UTCNo changes to this chart.
It has been declining for most of the year and with the recent price decline in Gold, this is favouring the red Wave X here and and looks particularly weak, after rejecting at the 50 and 200 Day MA and now we have the 50 Day crossing down through the 200 Day MA too.
I have Wave X declining until June but as soon as it hits the yellow trend line it could reverse then.
So when the market declines next year.....this may favour Golds rise.
