$GDX = Weekly Analysis = 08.10.2022 #miners #gold #GDX $gold #preciousmetals @business @ft @markets @seekingalpha @wsjmarkets @marketwatch @cnbc

What strikes me is that after this forecast two years ago, some people still not believe in the power of candles. Folks, $GDX is not going upwards anytime soon and the prices below $20 are more probable than above $40. But what candles “know”…

In this weekly analysis, I will traditionally evaluate the candles that the miner formed on multiple frames. We will discuss technical events on different frames and analyze the long- and short-term perspectives using Elliott Waves.

The analysis is part of the @InvestingAnglesSeries – US and global indices, Precious Metals and Miners, Crypto, Commodities, Currencies, Large Cap stocks.

Latest GDX Quarterly:
https://investingangles.com/2022/10/01/gdx-quarterly-analysis-long-term-forecast-01-10-2022-miners-gold-gdx-gold-preciousmetals/

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