$GDX = Weekly Analysis + Mid Term Forecast = 20.11.2021 #gold #GLD #GDX #preciousmetals #investing #trading $gold #miners

The first 4 days of the week $GDX was building a foundation for the next move higher. However, on Friday it made a move that registered a major bearish event on the weekly frame and it cannot be ignored. Let’s evaluate the events that happened in the last 5 days and forecast the next moves.

This weekly overview contains:
– daily and weekly candle charts and analysis;
– daily EW chart and mid-term projection;
– monthly EW chart and long-term perspectives;
– forecast for the next week.

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The detailed previous analyses with forecasts can be found by the links below.

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Previous analysis:
https://investingangles.com/2021/11/14/gdx-weekly-analysis-mid-term-forecast-14-11-2021-gold-gld-gdx-preciousmetals-investing-trading-gold-miners/

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