GDX resumes its original path
A month ago, the GDX gapped up above the 55EMA to break a downtrending cycle. But it was not sustainable, as previously observed.
This week saw the concomitant plummet, alongside Gold, which closed the previous Gap Up with a Gap Down, bringing the week closure below the 55EMA. This is a failed breakout.
Technicals support this bearish turn of events, with the MACD and the Price Momentum crossing down.
The drivers for this downside move have been described previously...
Target 32-33 in Feb 2021.
This week saw the concomitant plummet, alongside Gold, which closed the previous Gap Up with a Gap Down, bringing the week closure below the 55EMA. This is a failed breakout.
Technicals support this bearish turn of events, with the MACD and the Price Momentum crossing down.
The drivers for this downside move have been described previously...
Target 32-33 in Feb 2021.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.