GDX - gold miners on the brink of a massive breakout
GDX is testing this downtrend line which has held price lower since May 2021... With recent news on the Russian invasion of Ukraine pushing up the price of Gold, gold bulls are licking their lips for a breakout. Further news on this event could be the catalyst for a blast off. Watch closely for a close and break above this significant resistance which could send gold miners much higher from here
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