#GDX = Going to $25? = 17.05.2022 #miners #gold $GDX #preciousmetals #silver #seekingalpha #ElliottWave

After an epic loss of 30% (that was forecasted on April 9th), #GDX shows early signals of a continued ride down. If the structure confirms, a possible target – $25.

On the charts below – the call on diagonals and the result.

A bigger picture and further moves were discussed in the Weekly Analysis:
https://investingangles.com/2022/05/14/gdx-weekly-analysis-14-05-2022-miners-gold-gld-gdx-preciousmetals-gold-seekingalpha/

Latest Monthly Analysis:
https://investingangles.com/2022/04/30/gdx-monthly-analysis-30-04-2022-miners-gold-gld-gdx-preciousmetals-gold-seekingalpha/

Follow @InvestingAngles – we offer the best long- and mid-term forecasts.

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