Gold Stocks Are About to Explode Higher
by Imre Gams
Now that the market has hope that interest rates won’t go higher, the dollar is beginning to be repriced lower. And fundamentally, that should be great for gold.
Inverse H&S; Target around $34.58.
If GDX drops below the right shoulder, then the bigger picture would have to be reassessed. The price level for the right shoulder comes in at $27.
Source: Jeff Clark Trader
https://tradesoftheday.com/2023/11/21/g ... de-higher/