$GDX = Quarterly Analysis = 02.07.2022 #miners #gold #GDX $gold @seekingalpha @markets @marketwatch @wsjmarkets @CNBC #preciousmetals

Another bearish monthly closure – one more little step towards the long term target set in November 2020. Can you believe in accuracy of this chart made 19 months ago?

Let’s have a look at the miner from different angles and project the next movements.

This analysis contains:
– an overview of multiple candle charts and TA;
– 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/2022/06/27/gdx-weekly-analysis-27-06-2022-miners-gold-gdx-gold-seekingalpha-markets-wsjmarkets-cnbc-preciousmetals/

Gold Quarterly Analysis:
https://investingangles.com/2022/07/02/gold-quarterly-analysis-02-07-2022-gold-preciousmetals-gdx-gld-xauusd-gc_f-xau-markets-seekingalpha-cnbc-commodities/


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