GDX divergence promises growthsThere is a divergence on GDX that can predict an end of correction and returning to growth. An upside potential is 20-30%
Key stats
About VANECK GOLD MINERS UCITS ETF
Expense ratio
0.53%
Home page
Inception date
Mar 25, 2015
ISIN
IE00BQQP9F84
VanEck Gold Miners UCITS ETF (GDX) is a UCITS-compliant exchange-traded fund that invests in a portfolio of equity securities with the aim of providing investment returns that closely track the performance of the NYSE Arca Gold Miners Index (GDMNTR).
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Stock breakdown by region
Gold miner triangleThis ETF is a London Stock Exchange version of the gold miners index. I think the long term pattern is a triangle as evidenced by recent bounce down from resistance.
GDX (GOLD MINERS) - SHORT AND LONG TERM PERSPECTIVE - LONGThis is a delicate moment for gold miners. But the upside potential remain HUGE.
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Displays a symbol's price movements over previous years to identify recurring trends.