Stocks Analysis by Chris Kimble covering: XAU/USD, Gold Futures, VanEck Gold Miners ETF. Read Chris Kimble's latest article on Investing.com
The chart below is a long-term “monthly” chart that highlights a massive triangle pattern that has developed for GDX.
And, as you can see, GDX has rallied up to the top of the triangle. This is major resistance and needs to be on every GDX bulls radar.a BIG deal if/when GDX breaks out from this monster pennant pattern.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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Gold Futures Vaneck Gold Miners ETF
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