$GDX = Weekly Analysis = 10.07.2022 #miners #gold #GDX $gold @seekingalpha @markets @marketwatch @wsjmarkets @CNBC @barronsonline #preciousmetals

Can you believe this chart was made 19 months ago? The miner now looks very serious about hitting that magenta rectangle at the bottom. Let’s evaluate the next moves from different angles.

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.

Latest GDX Quarterly Analysis:
https://investingangles.com/2022/07/02/gdx-quarterly-analysis-02-07-2022-miners-gold-gdx-gold-seekingalpha-markets-marketwatch-wsjmarkets-cnbc-preciousmetals/

Latest Gold Weekly Analysis:
https://investingangles.com/2022/07/09/gold-weekly-analysis-09-07-2022-gold-preciousmetals-gdx-gld-xauusd-gc_f-xau-markets-seekingalpha-cnbc-forexcom-marketwatch-commodities/

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