hanzhao311

GDX correct from here?

AMEX:GDX   VANECK VECTORS ETF TRUST
surprised to see GDX has such a huge divergence on the weekly chart dated back so long.

if you see value in this analysis please give a like. thanks.
Comment: see divergence for key miners like Barrick, SBSW, etc
Comment: really long divergence time span with the beginning point on 8/8/2016
Comment: if the divergence proved effective and gdx reverses from here it will be VERY bad for gold and silver since it is possibly a leading indicator to the spot prices.

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