VanEck Gold Miners ETF
Singkat

GDX just giving way...

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Tracking gold, one can buy GDX, the Gold Miners ETF, and the associated specific funds.
Having tracked Gold closely for the past three years, the white arrow marks a rough but a real exit point.

Today the perfect storm is set... and pre-opening shows a gap down type of breakdown.

Previously explained why and how GDX would not be doing well and when it should be doing well. IMHO, This is probably a deep retracement.
Fun times to come!

Here it goes part II.

Penafian

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