COT - VanEck Vectors Gold Miners ETF Could Be Poised To Break Out Of Downward Trend Thanks To Fundamentals And Sentiment
- Gold mining stocks have seen surprising earnings and revenue growth in the last few quarters.
- Despite the surprising growth rates, the mining stocks have been trending lower.
- The VanEck Vectors Gold Miners ETF has been moving lower and a downward sloped trend channel has formed.
- Bullish sentiment toward gold has been falling and could be reaching a key level.
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VanEck Vectors Gold Miners ETF Could Be Poised To Break Out Of Downward Trend Thanks To Fundamentals And Sentiment