‘Bearish engulfing' patterns are warning you: Don't buy the dip in gold-miner stocks

Core Insights - A bearish technical pattern has emerged in a widely traded gold-mining ETF and Newmont's stock, signaling caution for investors considering buying the dip [1] Group 1 - The bearish pattern in the gold-mining ETF indicates potential downward pressure on prices, suggesting that investors should be wary of entering positions at this time [1] - Newmont's stock is also exhibiting similar bearish signals, reinforcing the caution advised for investors in the gold sector [1]