GDX - Gold Miners ETF: Inverse Head & shoulders
Gold prices have surged to unprecedented levels in light of recent trade policy changes. The announcement by US President Donald Trump regarding a new 25% tariff on essential imports such as cars, semiconductors, and pharmaceuticals has created a wave of uncertainty among investors. This risk-off sentiment has driven many to seek refuge in safe-haven assets like gold.
Nevertheless, this upward momentum may encounter challenges if a trade agreement with China comes to fruition. A successful deal could alleviate global trade tensions, leading to a decrease in gold demand and possibly resulting in selling pressure.
However sustained high bullion prices could prove to be a significant advantage for gold miners. The GDX ETF is showing a persistent inverse head and shoulders pattern, indicating potential for further gains.
Nevertheless, this upward momentum may encounter challenges if a trade agreement with China comes to fruition. A successful deal could alleviate global trade tensions, leading to a decrease in gold demand and possibly resulting in selling pressure.
However sustained high bullion prices could prove to be a significant advantage for gold miners. The GDX ETF is showing a persistent inverse head and shoulders pattern, indicating potential for further gains.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.