Ad yes I agree volume can mean a lot, and interesting reading. I would think the high volume was indicative of sheer panic of those that thought they had brought up at the top or at least, or at least I am hoping that.
I would think maybe some good support will kick in around the 1130 may even touch 1120.
The GDX looks already coming close to support from your chart. I note that yes increased volume but end of day started to pull up. This would be suggestive that smart traders were starting to see value. At 48 where the break out of the twin top, I would expect to see strong support there where it may come back to test.
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