Menu Close

Miners’ Major Breakout

OK, it isn’t THAT major, but I couldn’t resist using that title. What I’m talking about is happening, with respect to its resistance trendline, on both the GDX……….

……and the junior miners, the GDXJ:

All thanks, of course, to gold’s genuine strength:

All I can say is: Godspeed, gold!

BONUS CHART: The S&P metals & mining symbol XME; holy Moses!

Discover more from The Wall Street Examiner

Subscribe now to keep reading and get access to the full archive.

Continue reading