VanEck Gold Miners ETF

GDX Looking to continue

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A few days ago I posted a video showing the potential drop on GDX. You can see it here.

It has done as expected.

Now, with the moving average crossover and the consistent volume on this bearish move, there is a strong chance to see a bit of a rally soon and then continuation. It is a great chance to consider entering short on a rally to either add to an existing position, or to enter a first position.

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