$GDX = Weekly Analysis = 22.05.2022 #miners #gold #GLD #GDX #preciousmetals $gold #seekingalpha

This chart above has been designed in November 2020 and the major targets remain intact.

The left chart below was posted on April 9th and the chart on the right was made on May 17th. This call goes to my track record.

After an epic loss of 30% that was perfectly forecasted, GDX seems to be setting for a bounce.

This analysis contains:
– an overview of multiple candle charts and TA;
– a mid and short term forecasts and targets.

This post is part of the Weekly Analyses (link) series that @InvestingAngles offers to followers and subscribers. The series covers US and global major indices, VIX, DXY, gold & silver, GDX, natural gas, Bitcoin and Ethereum, and some large cap stocks.

Previous Weekly Analysis:
https://investingangles.com/2022/05/14/gdx-weekly-analysis-14-05-2022-miners-gold-gld-gdx-preciousmetals-gold-seekingalpha/

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