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GDX 5 Min. Chart; Classic Gap & Fill?

Believe me gold stock sports fans, you’d rather have GDX drop to quickly to fill the opening gap than to quickly get too pumpy too soon after Friday’s smack down.  There is a gap up there above 23 that can be addressed after GDX does some grinding down here.

A caveat: it never did fill the January 5 opening gap up.  It is crack head stuff to think you can lay out a plan for these in-day moves, but GDX could go address the upper gap and drop later on to fill the lower one; or we could fail here, fill that one and rise later to get the upper one.  Furthermore, blah blah blah… you can see why I am not a day trader.  Too much hyper kinetic thinking involved.

gdx 5 minute chart

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