Aktueller Goldkurs

18.01.19, 13:17 Uhr (GMT)

1.128 Euro | 1.286 USD

Gold Miners Forecast 2017

The gold mining space performed incredibly strong in the first half of 2016. But will the gold space perform as strong in 2017? In other words, what is our gold miners forecast for 2017?

The WSJ was quite optimistic earlier this year, with this bullish gold miners forecast. And if we had to believe this analyst on CNBC, he would have already flashed a buy signal a couple of weeks ago, as his gold miners forecast was based was based on the GDX testing its 50 day moving average, a technical indicator which averages prices of the previous 50 trading days. Though technical indicators are not a bad thing as such, its value is really limited as a stand-alone indicator.

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