$GDX = Weekly Analysis = 27.06.2022 #miners #gold #GDX $gold @seekingalpha @markets @wsjmarkets @CNBC #preciousmetals

This is a candle map of $GDX and it is awful (for bulls). Just a few points: the daily is on the verge of making another “death” cross 50/200 DMA; the monthly is about to make Three Black Crows. Not even remotely bullish.

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.

Previous Analysis:
https://investingangles.com/2022/06/19/gdx-weekly-analysis-19-06-2022-miners-gold-gdx-gold-seekingalpha-markets-wsjmarkets-cnbc-preciousmetals/

Gold Weekly Analysis:
https://investingangles.com/2022/06/25/gold-weekly-analysis-25-06-2022-gold-preciousmetals-xauusd-gc_f-wsjmarkets-markets-seekingalpha-commodities/

The following section is for subscribers only. A $10 USD monthly gets you access to the monthly and weekly analyses, mid and long term forecasts for cryptocurrencies, major US and some world indices, precious metals and miners, commodities, popular stocks and more. There is no free trial. For $10 USD you can evaluate the service for a month and discontinue the subscription at any time.

WEEKLY ANALYSES

This epic forecast of a 30% loss was shared with subscribers on April 9th. The results – on the right chart. No more comments.

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