GDX and the USD direction

Attached are two charts for discussion. GDX seems to have formed a 3 drive pattern which would put its target at 0.618% fibo retracement. So, not there yet, but soon. The USD seems to be in a BULL FLAG , completion should be soon. So, short GDX now seems the way to go, but not for long.
Kommentar: Should be closing your short positions. GOLD looks to be turning. Targets above all getting hit.
Kommentar: US Dollar blasted thru my target price. GOLD still working its way down to my target.
Kommentar: Does anyone else see this forming? AB=CD down to $1320 or H&S down to $1304. Both don't look good.
Kommentar: GOLD hit the first target
Kommentar: US Dollar hit the 1st target
Kommentar: Gold has blown thru the 1st target at AB=CD. Id say the H&S fill at $1305 is almost assured.
Kommentar: GDX $21.70 will be the 88.6% fibo. I look for miners to turn higher before gold. I cant believe GDX will drop to a double bottom.

Kommentar: GOLD, almost there. Today we close the shorts and watch for signs to go long. Have to make sure the 88.6% doesn't get broken to the low side.
Kommentar: US Dollar headed for 2nd target, but expect miners to move higher before it reaches there.

Ähnliche Ideen

DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden