If someone thinks that $GDX is about to rally, I highly recommend a very entertaining candle study that is part of the analysis below.
Let’s have a look at the miner from different angles.
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 series that @InvestingAngles offers to followers and subscribers. The series covers US and global major indices, volatility and bonds, commodities and crypto, currencies and some large cap stocks.
Gold Weekly Analysis:
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This epic forecast of a 30% loss was shared with subscribers on April 9th. The results – on the right chart. No more comments.