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VanEck Gold Miners ETF (GDX)

NYSE
Currency in USD
Disclaimer
33.54
-2.47(-6.86%)
Closed
Pre Market
33.71+0.17(+0.51%)

GDX Comments

Keep in mind WaveTech doesn't see GDX bottoming in short term until some time next month (best guess today is July 2nd-9th, but that will be adjusted based on new data). That's why Jeff Clark advised to buy August puts yesterday. His $34 strike was too cautious, but that's okay. That said, a 5% drop today is probably overdone for day one of a 3-4 week downtrend. So, if I were long, I'd wait for a bounce. For an ETF to lose 5% in one day is a bit over the top and unsustainable, but beware, gold shouldn't have gained as much so quickly as it did, and so traders will take profits or even short it, like me and many others who follow shiny miners
This price makes absolutely no sense…
this should be over 60
gdx proves the gold bull is still early. people panic selling as soon as they are in profit.
Ive been slowly accumulating a position here, in GDXJ, and GLD for over a year. Im starting to pick up the iace because im sending a breakout is coming.
Last chance to get in before GDX takes off. Headed to 55+ next 10-18 months. Probsbly higher.
My average entry is 25.91. Absolutely no interest in increasing cost average
What you bought then for prior doesnt change the value of them now. No sense in turning down huge profit simply because you got a better bargain before.
Well, that was a fun ride! I just got in yesterday, and it did not finish well. Gonna ride this bull a little bit.
Long the $33 8/16/24 calls from $2.90
Congrats to those who bought the dip and have been riding this like a bucking bronco. May this go 40+ and all of your wildest dreams come true my miner brothers!
It’s CREEPING towards 40 Lol. Slow and easy until boom boom
value, but tradable also , have position with hedge in mind
Haven’t checked on this one in a while. Seems like it correlates well on the value-side compared to where Gold is at. Time to Buy?
Would have been...
A day late and a dollar short
Lol. Jesus
I just finished my first trade this morning so I have been getting massive feedback from this for about a year I have been cashing out everyday without having problems from the service you indeed a good person to work with all thanks to you and your family. is wasp 31612574318°°° 010100100100101010101001010101001010101010100110010100001010101010010101010110101011101010101010101010101010101
I am shocked how bad miners are.
Lol. What a joke
Going to 24-25$ imo
hard for GDX to rally when the market gets beat up because of all the passive investment. stay the course, eventually the price will have to reflect the commodity price.
Gold $5 up and gdx 20cents up. Gold $5 down and gdx 60 cents down . The same old story
28.47$ with gold 2052$ . What a joke
I hope it skyrockets... I saw a Bull Hammer in the chart...
Lol. What a loser
Gold is up again and this is red . The same old story
Lol. What a joker. Gold 0.5% up and this is red . What a joker !!!
Miners are lagging the metal, good entry point to ride the wave up.
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