Gold rally started: GDX and NUGT
Gold has started its rally, that will likely continue for 3-4 months. Gold mining stocks usually outperform gold, so you might consider buying some of them. Below are the charts of GDX and NUGT.
GDX has been oversold, and Slow Stochastics are starting to move up. There was also a spike in volume, often indicating a cycle low. Over the next few months, GDX has a potential to reach at least the price level of $25.
Similar picture with NUGT:
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