$GDX - Market Analysis for Mar 18th, 2019

Relatively straight forward take on GDX currently, as long as price is below last week's high, I will be looking for a c-wave lower to complete wave 4 shown in blue. Above last week's high, and I will view it more likely that all of wave 4 already completed at the current March low.

GDX - Micro - Mar-18 0637 AM (1 hour)
GDX - Micro - Mar-18 0637 AM (1 hour)
Garrett Patten is a senior analyst at ElliottWaveTrader covering both U.S. and international equity indices as well as stocks.