Ketchup to Those Miners

One of my many important concepts we have been discussing for Members on a daily basis regarding the recent surge in precious metals and their miners of late is whether we see some of the not-yet-extended miners begin to play catch-up.

Royal Gold is one such example, below on the daily timeframe and not over its 200-day moving average (like many other miners are now), and not extended. 

The miner has been basing well this week, and I am looking to see if the strength in miners can broaden out and lift all boats next week and beyond to add credence to a potential new bull run, beyond mere "fear trade" which many market players believe will be short-lived. 

Watch this one over $42.