Gold Futures Update | October 18, 2024

Headshot of Trent Klarenbach, founder of Klarenbach Research
Trent Klarenbach
October 17, 2024
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November 1, 2024
I analyze the current trends in the gold market, focusing on gold futures and miners using Fibonacci retracements. Since February, gold has been steadily rising, with potential to reach the $3,344 level. I also review the VanEck Gold Miners ETF ($GDX) and junior miners ($GDXJ), both nearing important resistance points.