I've been watching this closely as GDX failed to take out the high that began the run in 2016 and failed to take out the high from September. Gold has had a tremendous run ($300 plus) but the miners which typically lead upturns and downturns seem to be telling us something. If the overall market is risk on a la INTC earnings and the like, then the metals space may be in for more consolidation before heading up again. GDX has support in the $25 area and I would be surprised to see a break below 25. I have drawn in trend line support that could come into play should the control line that marks the 2016-2020 run fail. That line would mean something in the $23-$24 range. I sold all GDX and NUGT over the last couple days debating where this is headed. Again, my gut says GDX should have taken out the prior highs around $32 and it did not in the context of a "new bull market." GLD indicators show overbought and turning down. GDX may look to find lower numbers on MACD and RSI as well. Long DUST for now.