GDX On the 11th of March the BTFP expires. Not sure how big the impact will be, but technically it kinda lines up. If the level breaks, the road to covid crash levels is open,which is kinda mind boggling with gold at 2k if you ask me.
GDX Getting slaughtered by the higher for longer Fed, no breakout in gold imminent. I think this will be a monster ETF later this year going into next, but painful to watch the consistent bleed as there are better alternatives that are more stable in the short term. Downward price target for me is somewhere around $24.50.
GDX Price should develop higher through 30.16 and 32.92 towards 36.26 in an impulsive manner against 25.62 following the completion of a double zigzag wave