GDX has just started wave three

Leg three has started...
and could go to 48,40 (wave one x 1.6 fib).
A strange coincidence is the fact that the light blue wedge has the same price target...
It also means that wave 5 (calculated) could bring us to 60 usd before july this year or in the first quarter in '18

There's a lot of upside potential...