After an epic loss of 30% (that was forecasted on April 9th), #GDX shows early signals of a continued ride down. A possible target – $25.
On the charts below – the call on diagonals and the result.
Previous Update:
https://investingangles.com/2022/05/17/gdx-going-to-25-17-05-2022-miners-gold-gdx-preciousmetals-silver-seekingalpha-elliottwave/
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/
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