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GDX, VanEck Vectors Gold Miners ETF - Potential Risk Reward

Long
VanEck Gold Miners ETF (AMEX:GDX)  
SwissTradingSchool  
AMEX:GDX   VanEck Gold Miners ETF
Trend Analysis Chart Patterns Head and Shoulders reversalpattern resistence riskreward Gold GDX ETF goldidea
3
0
trendanalysis chartpattern headandshoulders reversalpattern resistence riskreward gold gdx etf goldidea
GDX
If the value of gold continues to increase, automatically the companies linked to the extraction of this metal would derive profit from it and therefore we wait for a breakout of this resistance to allocate eventually a part of the portfolio on this ETF.
As we also notice from the point of view of the potential resistances that could be found on the path towards the achievement of profit would be very few, and therefore the Risk Reward is very interesting.
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