Got Gold? A Technical Analysis
This morning’s note is a deviation from the usual and is in response to questions & discussions to a previous post - Got Gold? - regarding analysis and how best to take on risk.
What follows is an analysis of the major ETF’s that allow for exposure to gold as a commodity, whilst delving further into the top 5, by weight, U.S. listed constituents of the miners ($GDX) and junior miners ($GDXJ) ETF’s. We cover;
ETF’s with a focus on gold ranked with GLD 0.00%↑ alpha signals analysed.
ETF’s that allow for leveraged exposure to gold ranked with GDX 0.00%↑ & GDXJ 0.00%↑ analysed.
GDX 0.00%↑ constituents alpha analysed: $NEM, $ENV, $GOLD, $AEM, $WPM.
GDXJ 0.00%↑ constituents alpha analysed: $PAAS, $KGC, $AGT, $BTG, $OR.
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