Stunning collapse in Gold miners major GDX Index

6 de jul. de 2022

GDX is now sitting in an intersection of the Bear & Bull Swing Trend Channels put in place from the Pandemic Crash. A tag of the lower rail at around 24 is likely which would take GDX down another 10%-ish. This does not mean a Bottom is in and a new Bull swing will start but it is the first step in starting to track for a potential turn. A complete failure at the Lower Rail would imply a move towards all time lows.

12 de abr. de 2023

Nota

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