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![GDXTrader Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::175792847.png) $Trader [@GDXTrader](/creator/twitter/GDXTrader) on x 11.4K followers
Created: 2025-07-08 00:53:43 UTC

$GDX

$GDX posted a solid reversal today, with bulls stepping in to defend recent lows and push price higher toward key resistance. 

The move comes as the MACD begins to curl upward toward its signal line, signaling a potential shift in momentum. 

Price now sits just below the horizontal resistance of its ascending triangle—a bullish consolidation pattern marked by rising lows compressing into a flat resistance zone. 

This structure reflects increasing demand with each dip, as buyers step in sooner, building pressure for a potential breakout. 

Today's reversal candle adds weight to the bullish case, and traders will be watching closely for a confirmed breakout above resistance to trigger a momentum move higher. 

Until then, $GDX remains in a constructive setup with breakout potential on watch.

$GDXJ $NUGT $JNUG $XAU $GLD $SLV $SIL $SILJ $RING $GOAU $SGDM $PSAU

![](https://pbs.twimg.com/media/GvS98yqWQAE9OhR.png)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1942386579768537592/c:line.svg)

**Related Topics**
[trader](/topic/trader)
[momentum](/topic/momentum)
[$gdx](/topic/$gdx)
[$trader](/topic/$trader)

[Post Link](https://x.com/GDXTrader/status/1942386579768537592)