Goldminers (GDX): Finally ready to soar?

Today I wanted to share the weekly chart of the VanEck Vectors Gold miners ETF (GDX), which features my proprietary buy/sell indicator (the A.I.) as well as Elliot Wave count and price targets. I will show how by applying these two techniques, my premium members were able to bank on >70% of profits in 2016…

Goldminers ready for another leg down?

Are the goldminers (GDX) ready for another leg down? The daily candlestick chart below is rather busy, so┬álet us explain what we can objectively analyse step by step . From the low made in February to the high made in August we label that advance as 3-waves: red abc to black a. Since then, price…