Gold Miners Go From Record Month to Washout in 21 Sessions

Crypto Insight Summary: Nearly 92% of stocks in the VanEck Gold Miners ETF (GDX) now trade below their 50-day moving average. The share last ran this high in late July, just before miners posted a record month. The reading lands days before Wednesday’s Federal Reserve decision, with traders still pricing a possible rate hike this year. How Gold Crypto Insight Analysis: Direction: Bearish GDX Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Gold miners' technical weakness and Fed rate uncertainty weigh on sentiment.