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VanEck Gold Miners ETF GDX

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The fund normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the gold mining industry. The index is a modified market-capitalization weighted index primarily comprised of publicly traded companies involved in the mining for gold and silver. The fund is non-diversified.


ARCA:GDX - Post by User

Comment by 99942Apophison Oct 02, 2023 1:14pm
101 Views
Post# 35665266

RE:RE:Chart

RE:RE:ChartThe descending wedge is far from over. It does show a continuation for the upcoming week and a reverse to its descent is a probability with an uptick to maybe cross back to the $26 dollar range or at least to hold in its current range. I can't see where it will finally end but $23 to 24 might be the final point of fall, in my opinion a contributing factor lays on the shoulders of those right wing house Republicans that have caused panic in the markets, hope I'm wrong that they have been the catalyst. 
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