Forecast for summer: USD index down, Gold and GDX up.

in money •  11 months ago 

Dear Steemit friends,

I don't know about you, but I personally am waiting for a rally in gold and especially GDX. See the charts for some analysis of USD index, gold price, and GDX.

If we see a gold rally into end of summer, do you think GDX will outperform gold? Share your opinion in the comments, and I will be glad to upvote meaningful ones.

usd.png

gold.png

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I think GDX will rise more than gold this summer.

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Let's see some arrows up next week :)