GDX: Gold miners. Time to finally drop? I think so

Although I am longer term bullish I am intermediate term bearish and short. I think the sideways triangle is very likely complete with wave "e" going to .78 of wave"c" then reversing intraday for a bearish engulfment candle for the day Would not be be surprised to see it open lower Monday then bounce to retest Friday's high but fail. If price goes above "c" then I'm wrong. Hope this will be helpful.

Trade ist aktiv:

Getting very close to moment of truth:

Trade geschlossen: Stop wurde erreicht