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Home>Market Analysis>Kitco News reviews forecasts of GDXJ, Gold, and the SP500

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Kitco News reviews forecasts of GDXJ, Gold, and the S&P500

Chris Vermeulen

TheTechnicalsTraders.com

Published : October 22nd, 2020

123 words - Reading time : less than a minute

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	Gold stocks are showing short-term consolidation, but should they break resistance, another bullish leg could be sustained, pushing the VanEck Vectors Junior Gold Miners ETF (GDXJ) up to 60% higher in a few months, said Chris Vermeulen, chief market strategist of Technical Traders. The gold bullion is seeing similar price action, and chart patterns point to a $2,100 to $2,300 by year-end. In this interview, Vermeulen breaks down the trend lines and technical indicators he’s analyzed to make his forecast. CLICK THE IMAGE BELOW TO WATCH THE INTERVIEW 0:21 – More volatility ahead? 3:46 – Gold miner stocks forecast 11:10 – Gold bullion forecast 18:16 – S&P 500 forecast. GET CHRIS’S dAILY PRE-MARKET video UPDATE on GOLD, MINERS, and OTHER ASSETS AT WWW.THETECHNICALTRADERS.COM

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Chris Vermeulen 13 abonnés

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Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and author of the book: 7 Steps to Win With Logic Through years of research, trading and helping individual traders around the world. He learned that many traders have great trading ideas, but they lack one thing, they struggle to execute trades in a systematic way for consistent results. Chris helps educate traders with a three-hour video course that can change your trading results for the better. His mission is to help his clients boost their trading performance while reducing market exposure and portfolio volatility. He has also been on the cover of AmalgaTrader Magazine, and featured in Futures Magazine, Gold-Eagle, Safe Haven,The Street, Kitco, Financial Sense, Dick Davis Investment Digest and dozens of other financial websites.

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