Still, the longer term chart (4 box rev) is indicting that it'll be on its way up to 91.
More interesting to me is that GLD has started its pullback and should be headed to somewhere around 85:
I'm looking to buy at that point.
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3 box rev is now showing 79 as a possible bottom. 4 box rev won't update the price objective until it drops to around 87.
I tend to trust the 4 box rev more but the 3 day can give a better idea of short term movement.
I'm irritated that I jumped into GDX at the start of a pull back, but, ehh... all signs point to it going up over time.
