Junior Gold Miners (GDXJ) Correction In Progress
In our last update on GDXJ from November 2021, we mentioned that the ETF has already started the next leg higher. From the January 28 low of $36.55 to April 18 high of $51.92, it has rallied 42%...
Tag: gdxj
Junior Gold Miners (GDXJ) Have Ended Correction
Gold and related miners formed a high on August 2020 and they have pulled back for more than 1 year. In our last article from 2 months ago, we provided a support area of $18.5 – $32.6. It...
Potential Support and Turn Higher in GDXJ
Gold and related Index such as Gold Miners Junior (GDXJ) have been in steady decline / sideways in the past 14 months. GDXJ in particular continues to correct lower after forming the high at 65.95 on August...
GDXJ (Gold Miners Junior) Correction Maybe Completed
Gold and related Index such as Gold Miners Junior (GDXJ) maybe ready to make the next move higher. The next important catalyst in the market is the US election and the second Coronavirus relief package. Nancy Pelosi...
Gold Miners Junior (GDXJ) Breaks 7 Year Base
Gold prices continue to extend higher as the EU sets to announce a historic €750 billion coronavirus stimulus. The US Congress is also debating for a new aid package to counter the economic effects of the pandemic. With...
Bullish Breakout in GDXJ (Gold Miners Juniors) Imminent
Gold market continues to extend higher with uncertainties in pandemic and ultra-loose monetary policy by central banks. It has printed a 7 year high of $1779 and shows no sign of stopping. It has broken to new-all...