Gold extended lower from August 18 high. While below September 1 high, expect bounce in 3,7,11 swings to fail for more downside.
Elliott Wave View: Gold Miners (GDX) Ready to Resume Higher
GDX ended the cycle from August 5 high as a zigzag correction. As long as August 12 low stays intact, expect dips in 3,7,11 swings to find support.