Big Picture: Gold Miners

  • Gold miners ( ETF: GDX ) close to a big breakout.
  • A sustainable move above the high of 2019 (30.7 USD) activates a massive upside target of 50 USD (65 % upside). Please note this is a long-term target.
  • My 2020 target is roughly 36-39 USD (in case of a successful breakout).

 

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