Update

We have now this wave up which should be wave 4.... but much stronger than expected. We should see a test of the low, but I am asking myself with a lower low or higher low???

Day 25 GDXJ is close to daily cycle low. Ideally we should see one more push below the last low to finish the move.

UPDATE - The problem is USD hit it's minimum target lower with the crazy moves on Monday DXY 92 and and EURUSD 1,17. Either wave 4 is over and wave 5 higher begins(very bad for precious metals) or we can hope the zigzag is part of a bigger corrective move so the PM could rally in the next 1-2 months. Anyway short term I think there will be one more leg lower to EURUSD 1.10 so be cautious and patient.