Latest Updates on GDX
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Trading Strategies How to Trade Profitably in This Market
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades •
Tom Gentile has shown beyond a shadow of a doubt that trading a fairly small basket of stocks consistently can pay off big-time.That’s because he knows it’s not necessarily what you trade, but how you trade it that counts. Read more » -
Stocks Should I Sell My Stocks Now?
By Money Morning Staff Reports, Money Morning •
Uncertainty in the stock market is about as high as it has ever been.COVID-19 combined with election day tomorrow has investors asking themselves, "Should I sell my stocks now?" The Dow tumbled more than 900 points on Wed., Oct. 28 for its … Read more » -
Gold Why the Price of Gold Is Rising Despite the Fed's Mixed Signals
By Peter Krauth, Resource Specialist, Money Morning •
There's plenty of resistance facing the price of gold. But we're entering what's typically the strongest season of the year for gold stocks. And we fully expect the price of gold to rise soon, just after a little more near-term … Read more » -
China We Predicted This Gold Price Jump; Here's Where It's Going Next
By Peter Krauth, Resource Specialist, Money Morning •
In last month’s update, I said I wouldn’t be surprised to see gold price at $1,500 before the year is up. And it only took three weeks to get there. Now, while there’s potential for some correction along the way, I have reason to … Read more » -
Gold Why the Price of Gold Could Reach a Five-Year High of $1,500
By Peter Krauth, Resource Specialist, Money Morning •
Just 30 days ago, gold was still trading below $1,340, and yet gold bugs were enamored. Today, there are many indications the price of gold is ready to soar well beyond the $1,400 mark. Gold certainly could sense when the Fed was … Read more » -
Gold How the Price of Gold Could Be Getting an Even More Bullish Catalyst
By Peter Krauth, Resource Specialist, Money Morning •
The price of gold consolidated again last week, but that stage of the climb might already be over. If the "golden staircase" pattern continues, gold prices could jump higher again soon. In fact, gold could get an even more bullish catalyst … Read more » -
Gold The Price of Gold Just Kick-Started a New Bull Run; Here’s the Next Target
By Peter Krauth, Resource Specialist, Money Morning •
The price of gold blasted higher on Friday, testing the $1,300 level and adding new momentum to the bullish gold sentiment. Still, that psychologically significant price remains elusive. But in my view, that's not likely to be the case for … Read more » -
Gold Juice Your Profits as Gold Prices Rise with This Simple Play
By Peter Krauth, Resource Specialist, Money Morning •
After a blistering rally in gold prices since mid-December, the precious metal is finally gearing up for a bull market run. That rally vaulted gold from $1,237 to almost $1,300 - a 5% gain in a month. Read more » -
Gold Why The Price of Gold Is Surging Higher Right Now
By Peter Krauth, Resource Specialist, Money Morning •
The price of gold is starting to catch fire thanks to the stock market's latest struggles. Gold could be in store for a strong 2019, even if stocks recover from their recent dramatic sell-off. Read more » -
Gold The Price of Gold Is Forming a Lucrative New Pattern
By Peter Krauth, Resource Specialist, Money Morning •
As the price of gold continues to fight to for a breakout above $1,230... Gold's dip attracted safe-haven buying as well as short covering, causing the metal to bounce back. Read more » -
Gold Seasonal Strength Is About to Push Gold Prices Higher
By Peter Krauth, Resource Specialist, Money Morning •
A renewed surge in strength for the U.S. dollar sunk gold prices over the past week, but we're about to enter gold's strongest season of the year. As the U.S. Dollar Index (DXY) made a renewed run to about 97.50, stocks and commodities … Read more » -
Gold Why Gold Prices Are Gaining Thanks to the Dollar
By Peter Krauth, Resource Specialist, Money Morning •
Investors already know how important the dollar is to gold prices, and this last week proved just how true that is. The dollar's wild ride ended up giving gold prices a big boost last week. Now, worries about the next recession could feed … Read more » -
Gold Gold Prices Are Forming a Lucrative "Golden Staircase" Pattern
By Peter Krauth, Resource Specialist, Money Morning •
What happened in gold prices over the last week is going to become more commonplace. Just last week, I said to watch for a break above $1,235 for a possible confirmation that a new gold rally was at hand. Read more » -
Gold Gold Prices Are Gathering Momentum for a New Rally
By Peter Krauth, Resource Specialist, Money Morning •
Although gold prices consolidated last week, they've found a new higher level. Read more » -
Gold This Gold Price Rally Isn't Slowing Down Anytime Soon
By Peter Krauth, Resource Specialist, Money Morning •
The latest gold price rally is finally breaking out like I've been expecting, and it's not slowing down soon. But now that we've gotten this substantial jump in the gold price, will it be able to hold, and what should we be looking for next? Read more »