Gold Miners ETF (GDX): Gold miners have corrected from a major...

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Tuesday, 04/26/2022 2:01:06 PM

Tuesday, April 26, 2022 2:01:06 PM

Gold miners have corrected from a major surge
By: Jason Goepfert | April 26, 2022

• Gold mining stocks have cycled from extreme oversold to extreme overbought, with fewer than 10% of members trading above their 200-day averages to more than 90% doing so. Similar cycles over the past 40 years had a strong tendency to lead to medium- to long-term gains in gold and mining stocks.

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