The GDX chart on the left is over 1 year old. The chart on the right is the same chart refreshed today. So far, no event signaled a change in projection. To the contrary, there were two events on the quarterly and weekly frames this week that aggravated the situation.
Now let’s evaluate the miner from the monthly and weekly perspectives.
This monthly/weekly overview contains:
– daily/weekly/monthly/quarterly 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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