I believe that GDX is stuck in a sideways trade zone. It will need to break through and close higher than 20.93 to signal a break upward momentum and possibly the start of a new trend. It could end up going as low as $12.90 in the next few months. If it breaks 12.90 it would signal the start of a new downward trend. Lots of turbulence right now making it hard to call an entry point. If it declines again a good entry might be 17.50.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.