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Back to Ideas
GDX LONG

VanEck Gold Miners ETF

In Progress
Progress to Target
Current
Entry
$99.39
Target
$115.00
Stop Loss
$91.00
Potential
R/R

Investment Thesis

GDX completed a powerful V-shaped recovery from the March 2026 lows (~$80) back to the $99–100 psychological level, with miners decisively outperforming gold (GDX/GLD ratio above both SMAs, RSI at 90+) — a classic bull-market confirmation signal for the gold mining sector.

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Why It May Not Work

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