Are Gold Miners Basing?
Just quoted in Barron’s last week…
“At least one analyst sees a pivot point for gold forming, especially among mining stocks. Jeb Handwerger, editor of GoldStockTrades, told clients in a note today that GDX is testing key support levels around $52.50 a share. It closed today at $53.06 a share. If the ETF holds, that could pose an attractive entry point for bullish traders, wrote Handwerger.”
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