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With a 90% of probability, this newly started uptrend by the Gold and Silver Miners is going to represent just the next correction cycle of the overriding bear market in the greater picture – the monthly time frame, but it may thoroughly last 7 to 8 months, even 1 year (12-13 month candles).

This issue is mainly dedicated to the purpose to work out the 2 most important and thereby likely attainable uptargets of this newly started countertrend in monthly time frame according to the factors time and price, using the example of the reference ETF GDXJ (VanEck Vectors Junior Gold Miners).

At the beginning of October 2019 (free GUNNER24 Forecasts, issue 10/07/2018), we realized with the help of the monthly bear market count that the GDXJ – then trading at 27.62$ – could print its final low of the year within 3 to 7 trading weeks cause the Blue Arc resistance in the most defining valid monthly GUNNER24 Up Setup radiates confirmed strong bearish pressure until possibly November 2018:




Current GUNNER24 Setups
 MonthlyWeeklyDaily4 Hour
NQ 100G24UpG24Downnone1522838240G24UpG24Downnone1522838622G24UpG24Downnone1546949501G24UpG24Downnone1547232543
Last Update: 2019-01-15 13:15 CET
Recently updated: EUR/USD 4 Hour
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