---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000941002.md"
description: "$VanEck Gold Miners ETF(GDX.US)Background: Gold also experienced a significant downturn this week, hitting a low of 82.4. My mindset for holding gold is for safe defense; I continue to hold despite the drop.My actions: No position increase or decrease. Stay calm.Insights: Gold has strong support around 4100. Gold should be allocated no more than 10%; exceeding this is not a safe allocation and makes it hard to maintain a stable mindset, as volatility is considerable."
datetime: "2026-10-16T01:03:51.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000941002.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000941002.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000941002.md)
author: "[升烟](https://longbridge.com/en/profiles/27857975.md)"
generator: "portal-rs"
---

# $VanEck Gold Miners ETF(GDX.US)Background: Gold al…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**