05Oct1:56 pmEST
Back to the Roaring Twenties
The rally in the gold miners is continuing today, even with the gold metal ETF slightly red. Silver is performing admirably, while the senior gold miners in the GDX ETF outperform the juniors in the GDXJ.
With this in mind, it is worth keying off the juniors into the final two hours of the trading.
On the GDXJ 30-minute timeframe, below, note the ETF back in the $20s after being a teenager for a while there.
If we see another push over $20.95 today I suspect the juniors catch-up to the bigger miners.