132 days ago • Posted by Charles-Henry Monchau

Best start of the year 2021 is for Gold Miners

The Van Eck Gold Miners (GDX) ETF moved higher by 6.9% yesterday, jumpstarting 2021 as it moves well above the 50 day moving average. Gold miners, GDX, was a laggard last year, and despite the fact gold was getting close to recent highs, GDX has not be willing to participate. Could GDX become a laggard play soon? Source: The Market Ear 

GDX ETF chart