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 let 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…