Junior Gold Miners: New Yearly Lows! Will We See A Further Drop? – Investing.com

  • Date: 21-Jul-2021
  • Source: Investing.com
  • Sector:Oil & Gas
  • Country:Middle East
  • Who else needs to know?

Junior Gold Miners: New Yearly Lows! Will We See A Further Drop? – Investing.com

It seems that choosing VanEck Vectors Junior Gold Miners ETF (NYSE:) to short the PMs was a good decision—juniors closed the day at new 2021 lows. Will our profits only grow from now on?

’s yesterday’s intraday attempt to rally was not bullish. On the contrary, it was what usually happens right before a big slide, especially given the ’s breakout.

Let’s start with the latter.