• Gold Miners Index: The Long-Term Chart Continues To Improve

    5 days ago - By ETF Daily News

    It's been an uneventful start to the year for the Gold Miners Index , as the ETF is down 3% year-to-date, and has traded in a tight range since the beginning of 2020. This shouldn't be surprising given last year's 39% return, and some consolidation would be completely normal after an advance of this magnitude. The good news for investors, however, is that this sideways price action is constructive for the long-term chart. In addition, we've seen the complete opposite of what we saw in 2016, which bodes well for the bigger picture for the Gold Miners Index. Let's take a closer look...
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