Dave Erfle – Gold’s Wild Sunday Trading, GDX and GDXJ Key Technical Levels, M&A In The Resource Sector

December 5, 2023

Dave Erfle, Founder and Editor of the Junior Miner Junky joins us for a discussion on the gold price moves to kick off this week, how the shares have reacted and M&A news over the past month.


On Sunday night gold shot up to over $2,100 but very quickly reversed by around $100 throughout Monday. GDX and GDXJ traded huge volume on Monday and today are testing key support levels. Dave shares the key levels to watch and other chart aspects to consider.


We then discuss recent mergers and acquisition news over the past month. There has been a wide range of M&A activity, even with a potential bidding war getting underway. We spend more time chatting with Dave about if he is investing in any of the M&A and what he thinks make assets potential takeover targets.


Click here to visit Dave’s site, the Junior Miner Junky.


    Dec 05, 2023 05:37 PM

    Silver showed respect for a fork support with today’s close but it still could go lower without ruining the bullish outlook.

    Dec 05, 2023 05:57 PM

    A good consolidation here at the upper end of the horizontal channel will be good………..awaiting the signal from the Fed on when the easing starts !

    Now that JPM announced that their top call in commodities for 2024 is gold and silver……….you can bet their short book is closed and their long side is loaded for big game hunting…………all the other big boys have got the message that a push will begin……………just my talking head crystal ball