$GDX miner is ready to fall off the cliff and lose about 20% of its value in a very short period, possibly within a month.
Today’s weekly update will be a very short one. I will focus only on one chart that would support the hypothesis above. If you want to have a deeper overview, please revisit the Monthly Analysis shared two weeks ago, on December 10th.
The analysis is part of the @InvestingAnglesSeries – US and global indices, precious metals and miners, oil, natural gas and other commodities, crypto, currencies, and some large cap stocks.
Latest Gold Analysis – December 25th:
https://investingangles.com/2022/12/25/gold-weekly-analysis-alert-25-12-2022-gold-preciousmetals-gdx-gld-xauusd-gc_f-xau-commodities/
Weekly/Monthly Analyses:
https://investingangles.com/weekly-analyses/
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