$GDX #Miners - Latest Three outta four... https://t.co/gbLSGakcz8 https://t.co/RpxFJYb6Bl
What is gold going to do next? 👀 https://t.co/439pWCEAOZ
$GDX down for the first time in seven sessions, but today's candle might be the most impressive @StockCharts https://t.co/KzsanL8LfP
Gold miners, represented by the VanEck Vectors Gold Miners ETF (GDX), have maintained a solidly bullish trend, with recent technical patterns indicating a cup-and-handle breakout. Gold futures (GC_F) are also showing upward momentum, following the lead of gold miners and related ETFs such as GLD, AEM, WPM, and NEM. The GDX ETF recently achieved a record weekly close, surpassing its 2011 high, although it has yet to reach the all-time peak price of $67 recorded in 2011. Over the past decade, GDX has delivered a total return of 379%. Despite a minor pullback after seven consecutive sessions of gains, the recent price action remains notable. Market participants are closely watching for the next move in gold prices amid this positive technical backdrop.