The gold miners ETF had unusual dark pool activity on August 19, 2019, in after hours trading. Absolutely huge block orders of $182 million were reported in the after hours market.
On the daily chart of GDX, a pullback has been taking place over the last 8 trading days.
Something is going on in GDX that I think we need to keep our eyes on. One thing is clear, the $27.93 area is a significant level we need to watch in the coming days.
Disclosure: I do not hold any position in GDX stock.