Shares of the VanEck Vectors Gold Miners ETF (GDX) broke above major resistance today after Trump stated there may not be a trade deal until after the elections. Investors ran to the safety of gold on the back of those comments. The breakout in gold miners could be the start of a bigger move higher. I have gold likely headed to $5,000/ounce within 5 years. If that is the case, this may be the start of a huge move higher in GDX.
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