📉 $GDX — Bearish Short Setup
SHORT $GDX
Entry: $95.40 – $96.20
SL: $97.80
🎯 Take Profit:
TP1: $94.00
TP2: $92.50
TP3: $91.00
$GDX is showing rejection after the sharp rally toward the $97–$98 area, with several bearish candles forming near the local high. If sellers push price below the $95 support, the pullback could extend toward the previous breakout zone and the listed targets.
🔑 Key Level: Losing $95 support strengthens the bearish setup.
⚠️ Risk Note: A move above $97.80 invalidates the setup. Wait for confirmation and keep position sizing controlled.
Bearish bias while $95 support remains under pressure. 📉
Sell and Trade $GDX here 👇
DYOR
SHORT $GDX
Entry: $95.40 – $96.20
SL: $97.80
🎯 Take Profit:
TP1: $94.00
TP2: $92.50
TP3: $91.00
$GDX is showing rejection after the sharp rally toward the $97–$98 area, with several bearish candles forming near the local high. If sellers push price below the $95 support, the pullback could extend toward the previous breakout zone and the listed targets.
🔑 Key Level: Losing $95 support strengthens the bearish setup.
⚠️ Risk Note: A move above $97.80 invalidates the setup. Wait for confirmation and keep position sizing controlled.
Bearish bias while $95 support remains under pressure. 📉
Sell and Trade $GDX here 👇
DYOR
