Junior Miners (GDXJ) breaking out again!

Junior Miners (GDXJ) breaking out again!

Junior Gold Miners ETF (GDXJ) has been reflecting actual and relative strength of late compared to the S&P 500. On December the 20th the Power of the Pattern shared that GDXJ had hit an important support line and was experiencing a short-term breakout. See 12/20...
Gold- Testing critical breakout level, again!

Gold- Testing critical breakout level, again!

Below looks at the Gold/US Dollar ratio over the past 8-years. The ratio is testing a level that has been critical to Gold bulls for the past few years and we suspect it will be critical for it again at this level! CLICK ON CHART TO ENLARGE The ratio declined sharply...