- Convergence process for gold miners (GDX) took place for about 2 years
- Rising inflation (CPI 7.5%) and potential warfare (Russia-Ukraine) made the stage ready for precious metals to shine
- The breakout setup is ready with the pivot point at 34
- Rising inflation (CPI 7.5%) and potential warfare (Russia-Ukraine) made the stage ready for precious metals to shine
- The breakout setup is ready with the pivot point at 34
Note
Gold miners (GDX) is breaking out toay
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.