This morning we’ve again used the US gold ETF as it saw and reacted to the court’s decision to block Trumps tariffs on Friday night. The advance by the precious metals and GDX ETF fits our current roadmap but we reiterate MM would not be chasing a breakout to new highs.
- We are looking for the US GDX ETF to make new highs in the coming weeks/months, around 10% higher.
MM is bullish towards the GDX ETF, in the short term, around $US106
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