VanEck Gold Miners ETF: Running +33%

Trade Gold Miners with Unum Capital.

To get started, e-mail lester@unum.co.za

On Friday in the U.S we saw the ETF trade as high as $46.94 was 33% higher that our alert in November. Well done to clients who may have participated in the rally. The move was in line with the price action model which stated that the reward-to-risk had become attractive for a buy/long position.

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Previous Post: VanEck Gold Miners ETF

Wednesday 13 November 2024 (21h20 / U.S Trading Session)

Code: GDX

• Big pullback from $44 to $35.68

• Now Oversold.

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Lester Davids

Analyst: Unum Capital