$GDX = Weekly Analysis = 06.08.2021 #gold #GLD #GDX #preciousmetals #investing #trading

$GDX weekly closure was very bearish, as forecasted in previous monthly/daily analyses. Possible next target – $24-27. Let’s explore the hypothesis from different angles. MonthlyThe Bearish Engulfing of June was a very powerful bearish statement. In July, however, gold was not able to produce a candle or combo that would signal a reversal. The July’s … Continue reading $GDX = Weekly Analysis = 06.08.2021 #gold #GLD #GDX #preciousmetals #investing #trading