VanEck Gold Miners ETF (GDX, $47.2) price may climb as it broke lower Bollinger Band on May 01, 2025

@PreciousMetals, #TechnicalAnalysis, #Bollinger, #Bullish, #ETFs
GDX - VanEck Gold Miners ETF
Bollinger signal
Bullish Trend
90%
Odds of UP Trend
Price: $47.2
Daily change: -$1.81 (-3.69%)
Daily volume: 27.1M
Net Assets: $15B

This price move could be a signal that GDX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. A.I.dvisor backtested 38 similar cases where GDX's price broke its lower Bollinger Band, and 36 of them led to a successful outcome. Odds of Success: 90%.