$GDX - Market Analysis for Oct 15th, 2018

GDX gapping up to confirm the micro i-ii start to this 5th, with price now in wave iii of (v). Under that assumption, 20.52 - 20.67 is the next micro resistance as a target for wave iii of (v) before consolidating in wave iv of (v).

GDX - Micro - Oct-15 0641 AM (1 hour)
GDX - Micro - Oct-15 0641 AM (1 hour)
Garrett Patten is a senior analyst at ElliottWaveTrader covering both U.S. and international equity indices as well as stocks.