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gmaster29

GDX at multiple support levels - Buy for long term

Long
VanEck Gold Miners ETF (AMEX:GDX)  
gmaster29  
AMEX:GDX   VanEck Gold Miners ETF
Trend Analysis Chart Patterns Gold GDX goldminers
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trendanalysis chartpattern gold gdx goldminers
This is weekly GDX chart, testing multiple support levels - Channel lows, 200 SMA and long term support trend line. It's a good buy now for a quick bounce and also for long term. Given inflation is going to be hot for few more years, gold and gold miners will shine.
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