Commodities Analysis and Opinion

Junior Gold Bull Analog and GDXJ Levels

2023.01.12 13:52

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Jordan Roy-Byrne, CMT

In this video, we compare the current rebound in VanEck Junior Gold Miners ETF (NYSE:) to the past rebounds from lows in 2005, 2008, 2016, 2018, and 2020. The current rebound fits in between the three sharp rebounds and 2018 and 2005. If breaks out this year past $2100/oz then this rebound could follow 2005 over the next 9 months.

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