MVedra
做多

GDX looking promising

AMEX:GDX   VANECK VECTORS GOLD MINERS ETF
77 0 6
Multi year lows were made in Jan-16 and the long-term reversal seems to have been confirmed Dec-17 as higher lows are established. Fundamentally gold             miners have attractively priced PEs, are breakeven on gold             spot prices, and provide an opportunity to hedge 2017-2018 inflation risk that Yellen has softly signalled.

Entering long and buying down to 18.5, with a target at the 31 resistance provides over 2:1 risk reward.
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