Market Vectors Gold Miners ETF (NYSE: GDX ) - This ETF, which attempts to replicate as closely as possible the price-and-yield performance of the AMEX Gold Miners Index, is in a bull market with the support line and the 200-day moving average at $48.
This has been a successful trading stock for the COD throughout last year. Again, GDX appears to be in a buying range with a trading target of $54 - a triple top.
Note the buy signal from the stochastic and declining selling volume. If the triple top is broken, look for a long-term target of $75.
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