While GDX closed the week with a green candle, I am not convinced that the message was bullish. There are multiple reasons to believe that the trend down will resume. Let’s discuss them in details.
If you would like to continue reading and learning about the short- and mid-term perspectives for GDX, please subscribe to Premium Content.
Read more of this content when you subscribe today.
The detailed previous Monthly and Weekly analyses with forecast can be found by the links below.
Follow the blog in Twitter @InvestingAngles or by email subscription.
As tweets are often buried among the other tweets on the topic and one is looking for regular updates, I recommend that you to sign to the email updates in the blog – every single post will be automatically sent to your inbox.
Previous Monthly & Weekly: