Senior Gold Miners GDX to double before year end 2024?
Senior Gold Miners GDX Big Picture
Broadening wedge within a larger wedge. I expect GDX to breakout from both formations within the first leg gaining 30 - 35% within a very short period of time. Then after some pause and consolidation of gains, I believe GDX will reach a minimum target of $60, which represents 100% from present price level. Bull runs in PM miners usually last around 6 months.