GDX VanEck Gold Miners ETF

S&P 500 declined, within the existing narrow range, but more downside is likely to come. Bonds continue pointing lower, commodities are squeezing, yields aren‘t meaningfully retreating, and inflation keeps biting. As stated yesterday: (…) So, stocks are still facing the tightening Fed phase, not yet smelling the Fed pivot – the downside can reach further […]
https://www.valuewalk.com/decision-time/