Technical Outlook Improving for Gold Miners ETF
July 24, 2013 at 08:45 AM EDT
The Market Vectors Gold Miners ETF (NYSEArca: GDX) is getting plenty of attention these days. A five-day surge of 9.2% will do that. Rising gold prices are helping, but GDX’s five-day gain is more than double that of the SPDR Gold Shares (NYSEArca: GLD). If gold futures continue climbing higher,...