$GDX = Weekly Analysis + Long Term Forecast = 13.08.2022 #miners #gold #GDX $gold #preciousmetals

Those who acted on this GDX call on May 28th have been doing well, I assume. The same chart taken today is below.

The open question is whether the miner rallies from here or continues down. In today’s analysis we will ask the candles and forecast the next steps and targets.

This overview contains:
– an evaluation of multiple candle charts and TA;
– mid and long 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 Analysis:
https://investingangles.com/2022/08/07/gdx-monthly-analysis-long-term-forecast-07-08-2022-miners-gold-gdx-gold-seekingalpha-markets-marketwatch-wsjmarkets-cnbc-barronsonline-preciousmetals/

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Silver Weekly:
https://investingangles.com/2022/08/13/silver-weekly-analysis-long-term-forecast-13-08-2022-slv-preciousmetals-xagusd-commodities-silver/

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