Gold Miners ETF Could Face Technical Pullback
August 28, 2013 at 08:30 AM EDT
Heading into Tuesday’s trading session, the Market Vectors Gold Miners ETF (NYSEArca: GDX) was sitting on a one-month gain of 10.3%. Combine that price appreciation with the fact GDX attracted $1.8 billion in new assets in under a week, and a case can be made that GDX and other gold miners ETFs are...