{"id":51394,"date":"2026-07-06T19:31:01","date_gmt":"2026-07-06T19:31:01","guid":{"rendered":"https:\/\/www.vtmarkets.com\/zh\/uncategorized\/51394\/"},"modified":"2026-07-06T19:31:01","modified_gmt":"2026-07-06T19:31:01","slug":"vaneck-%e5%88%9d%e7%b4%9a%e9%87%91%e7%a4%a6%e8%82%a1-etf-%e8%b5%b0%e4%bd%8e%ef%bc%8c%e8%89%be%e7%95%a5%e7%89%b9%e6%b3%a2%e6%b5%aa%e7%90%86%e8%ab%96%e6%8c%87%e5%90%91%e6%9b%b4%e6%b7%b1%e5%ba%a6","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/51394\/","title":{"rendered":"VanEck \u521d\u7d1a\u91d1\u7926\u80a1 ETF \u8d70\u4f4e\uff0c\u827e\u7565\u7279\u6ce2\u6d6a\u7406\u8ad6\u6307\u5411\u66f4\u6df1\u5ea6\u8abf\u6574"},"content":{"rendered":"<p>VanEck \u521d\u7d1a\u91d1\u7926\u5546 ETF\uff08GDXJ\uff09\u8ffd\u8e64 MVIS Global Junior Gold Miners Index\uff0c\u70ba\u6295\u8cc7\u8005\u63d0\u4f9b\u5c0d\u570b\u969b\u5e02\u5834\u4e2d\u5c0f\u5e02\u503c\u91d1\u7926\u751f\u7522\u5546\u7684\u914d\u7f6e\u3002\u57fa\u91d1\u7279\u6027\u8207\u521d\u7d1a\u7926\u5546\u4e00\u8cab\u8f03\u9ad8\u6ce2\u52d5\u6027\u639b\u920e\uff0c\u5176\u50f9\u683c\u8d70\u52e2\u4ea6\u5e38\u88ab\u5e02\u5834\u7528\u4f5c\u5224\u65b7\u9ec3\u91d1\u8da8\u52e2\u5009\u4f4d\u7684\u4ee3\u7406\u6307\u6a19\u3002<\/p>\n\n<p>\u6309\u6708\u7dda\u827e\u7565\u7279\u6ce2\u6d6a\uff08Elliott Wave\uff09\u5206\u6790\uff0cGDXJ \u65bc 2016 \u5e74\u5728 16.87 \u7f8e\u5143\u898b\u5e95\uff0c\u5176\u5f8c\u4e0a\u5347\u81f3\uff08I\uff09\u6d6a\u9ad8\u4f4d 52.50 \u7f8e\u5143\uff0c\u518d\u56de\u843d\u81f3\uff08II\uff09\u6d6a\u4f4e\u4f4d 19.52 \u7f8e\u5143\u3002\u4e0b\u4e00\u6bb5\u5347\u52e2\u5c07\uff08III\uff09\u6d6a\u4e2d\u7684 I \u6d6a\u63a8\u5347\u81f3 65.95 \u7f8e\u5143\uff0c\u5176\u5f8c\uff08III\uff09\u6d6a\u4e2d\u7684 II \u6d6a\u56de\u8abf\u81f3 25.64 \u7f8e\u5143\uff0c\u7e7c\u800c\uff08III\uff09\u6d6a\u4e2d\u7684 III \u6d6a\u5ef6\u4f38\u81f3 157.49 \u7f8e\u5143\u3002\u73fe\u6642\u7d50\u69cb\u6b63\u8655\u65bc\uff08III\uff09\u6d6a\u4e2d\u7684 IV \u6d6a\uff1b\u65e5\u7dda\u89d2\u5ea6\u5247\u5c07\u8a72\u4fee\u6b63\u754c\u5b9a\u70ba\u300c\u96d9\u91cd\u4e09\u300d\uff08double three\uff09\uff1a\uff08\uff08W\uff09\uff09\u6d6a\u65bc 106.59 \u7f8e\u5143\u5b8c\u6210\uff0c\uff08\uff08X\uff09\uff09\u6d6a\u65bc 136.55 \u7f8e\u5143\u5b8c\u6210\uff0c\u4e0b\u884c\u98a8\u96aa\u5c0d\u61c9 100%\u2013161.8% \u6590\u6ce2\u90a3\u5951\u5ef6\u4f38\u5340\u9593 49.26\u201382.69 \u7f8e\u5143\u3002<\/p>\n\n<h3>Corrective Phase and Market Environment<\/h3>\n\n<p>\u6211\u5011\u8a8d\u70ba VanEck \u521d\u7d1a\u91d1\u7926\u5546 ETF\uff08GDXJ\uff09\u4ecd\u8655\u65bc\u5c1a\u672a\u5b8c\u6210\u7684\u4fee\u6b63\u968e\u6bb5\u3002\u6b64\u4e00\u81ea 157.49 \u7f8e\u5143\u898b\u9802\u5f8c\u5c55\u958b\u7684\u8f03\u5927\u5f62\u614b\uff0c\u986f\u793a\u77ed\u671f\u5167\u4ecd\u53ef\u80fd\u51fa\u73fe\u9032\u4e00\u6b65\u8d70\u5f31\u3002\u5c0d\u884d\u751f\u5de5\u5177\u4ea4\u6613\u8005\u800c\u8a00\uff0c\u9019\u610f\u5473\u5728\u4e3b\u8981\u4e0a\u5347\u8da8\u52e2\u6062\u5fa9\u524d\uff0c\u77ed\u7dda\u504f\u6de1\u7684\u89c0\u9ede\u66f4\u70ba\u5408\u7406\u3002<\/p>\n\n<p>\u73fe\u6642\u5e02\u6cc1\u4ea6\u652f\u6301\u4e0a\u8ff0\u5224\u65b7\uff1a\u73fe\u8ca8\u91d1\u8fd1\u65e5\u5728\u5e02\u5834\u5c0d\u592e\u884c\u653f\u7b56\u9810\u671f\u8f49\u8b8a\u4e0b\uff0c\u8dcc\u7a7f 2,250 \u7f8e\u5143\/\u76ce\u53f8\u7684\u95dc\u9375\u652f\u6301\u4f4d\u3002\u4e0a\u6708\u901a\u8139\u6578\u64da\u7565\u9ad8\u65bc\u9810\u671f\uff0c\u4ee4\u5e02\u5834\u628a 9 \u6708\u6e1b\u606f\u6a5f\u7387\u7531 70% \u4e0b\u8abf\u81f3 45%\u3002\u9019\u5c0d\u4e0d\u751f\u606f\u8cc7\u7522\u5982\u9ec3\u91d1\u69cb\u6210\u58d3\u529b\uff0c\u4e26\u9032\u4e00\u6b65\u62d6\u7d2f\u91d1\u7926\u80a1\u8868\u73fe\u3002<\/p>\n\n<p>\u521d\u7d1a\u7926\u5546\u5c24\u53d7\u5f71\u97ff\uff0c\u4e3b\u8981\u56e0\u80fd\u6e90\u53ca\u52de\u5de5\u6210\u672c\u6301\u7e8c\u9ad8\u4f01\u800c\u4ee4\u5229\u6f64\u7387\u53d7\u58d3\uff0c\u76f8\u95dc\u8da8\u52e2\u4ea6\u5df2\u5728\u7b2c\u4e8c\u5b63\u521d\u7684\u696d\u7e3e\u9810\u544a\u4e2d\u5f97\u5230\u5370\u8b49\u3002\u57fa\u672c\u9762\u58d3\u529b\u653e\u5927\u8ca0\u9762\u60c5\u7dd2\uff0c\u89e3\u91cb\u4e86\u70ba\u4f55\u5728\u672c\u8f2a\u4e0b\u8dcc\u4e2d\uff0c\u5e02\u5834\u9810\u671f GDXJ \u6216\u5c07\u8dd1\u8f38\u73fe\u8ca8\u91d1\u3002\u56e0\u6b64\uff0c\u6211\u5011\u8a8d\u70ba\u672a\u4f86\u6578\u5468\u300c\u963b\u529b\u6700\u5c0f\u7684\u65b9\u5411\u300d\u4ecd\u7136\u504f\u5411\u4e0b\u884c\u3002<\/p>\n\n<h3>Trading Strategy and Risk Management<\/h3>\n\n<p>\u57fa\u65bc\u4e0a\u8ff0\u5206\u6790\uff0c\u6211\u5011\u95dc\u6ce8\u53ef\u5f9e GDXJ \u4e0b\u8dcc\u4e2d\u7372\u5229\u7684\u7b56\u7565\u3002\u8cb7\u5165 2026 \u5e74 8 \u6708\u6216 9 \u6708\u5230\u671f\u7684\u8a8d\u6cbd\u671f\u6b0a\uff08put options\uff09\uff0c\u53ef\u76f4\u63a5\u6355\u6349\u9810\u671f\u4e2d\u7684\u4e0b\u884c\u8d70\u52e2\u3002\u672c\u8f2a\u4fee\u6b63\u7684\u76ee\u6a19\u652f\u6301\u5340\u4ecb\u4e4e 49.26\u201382.69 \u7f8e\u5143\uff0c\u9810\u671f\u8ce3\u58d3\u6709\u6a5f\u6703\u65bc\u8a72\u5340\u9593\u9010\u6b65\u8017\u76e1\u3002<\/p>\n\n<p>\u9700\u8981\u7559\u610f\u7684\u662f\uff0cGDXJ \u671f\u6b0a\u7684\u96b1\u542b\u6ce2\u5e45\uff08implied volatility\uff09\u5728\u904e\u53bb\u4e00\u500b\u6708\u7531 35% \u5347\u81f3 42%\uff0c\u4ee4\u671f\u6b0a\u6b0a\u5229\u91d1\u8b8a\u5f97\u66f4\u8cb4\u3002\u70ba\u63a7\u5236\u6210\u672c\uff0c\u4ea4\u6613\u8005\u53ef\u8003\u616e\u300c\u718a\u5e02\u8a8d\u6cbd\u50f9\u5dee\u300d\uff08bear put spread\uff09\uff0c\u5728\u964d\u4f4e\u5165\u5834\u6210\u672c\u7684\u540c\u6642\uff0c\u4ecd\u53ef\u53d7\u60e0\u65bc\u50f9\u683c\u56de\u843d\u81f3\u76ee\u6a19\u5340\u9593\u3002\u6b64\u7b56\u7565\u4ea6\u6709\u52a9\u5728\u6ce2\u52d5\u4e0a\u5347\u7684\u5e02\u6cc1\u4e0b\u5c07\u98a8\u96aa\u754c\u5b9a\u6e05\u6670\u3002<\/p>\n\n<p>\u6211\u5011\u5c07\u5bc6\u5207\u7559\u610f GDXJ \u63a5\u8fd1 49.26\u201382.69 \u7f8e\u5143\u652f\u6301\u5340\u6642\u7684\u8d70\u52e2\u8868\u73fe\u3002\u6b77\u53f2\u4e0a\uff0c2016 \u5e74\u53ca 2020 \u5e74\u7b49\u5927\u578b\u4f4e\u4f4d\u66fe\u6210\u70ba\u65b0\u4e00\u8f2a\u5f37\u52e2\u4e0a\u5347\u7684\u8d77\u9ede\u3002\u4e00\u65e6\u89c0\u5bdf\u5230\u8a72\u5340\u9593\u51fa\u73fe\u7bc9\u5e95\u8a0a\u865f\uff0c\u7b56\u7565\u5c07\u7531\u504f\u6de1\u8f49\u70ba\u504f\u597d\uff0c\u4e26\u53ef\u8003\u616e\u8cb7\u5165\u8a8d\u8cfc\u671f\u6b0a\uff08call options\uff09\u4ee5\u90e8\u7f72\u4e0b\u4e00\u6bb5\u4e3b\u8981\u4e0a\u5347\u6d6a\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><b>\u7acb\u5373\u958b\u59cb\u4ea4\u6613 \u2014 \u9ede\u64ca<a href=\"https:\/\/www.vtmarkets.com\/zh\/trade-now\/\">\u6b64\u8655<\/a>\u958b\u8a2d\u60a8\u7684 VT Markets \u771f\u5be6\u8cec\u6236\u3002<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"<p>\u60f3\u6355\u6349\u91d1\u7926\u80a1\u62d0\u9ede\uff1fGDXJ \u4ecd\u8655\uff08III\uff09\u6d6a IV \u6d6a\u300c\u96d9\u91cd\u4e09\u300d\u4fee\u6b63\uff0c\u91d1\u50f9\u5931\u5b88 2,250 \u7f8e\u5143\u517c\u6e1b\u606f\u9810\u671f\u964d\u6eab\uff0c\u6599\u7e8c\u5f31\uff0c\u76ee\u6a19 49.26\u201382.69\uff1b\u53ef\u7528\u8a8d\u6cbd\u6216\u718a\u5e02\u50f9\u5dee\u63a7\u98a8\u96aa\u3002<\/p>\n","protected":false},"author":87,"featured_media":50777,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/51394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/comments?post=51394"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/51394\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media\/50777"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media?parent=51394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/categories?post=51394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/tags?post=51394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}