$GDXJ is breaking out right alongside gold, with oil dipping again after months of oil weighing the miners down, that combo's the encouraging part. 4380 is the key level on gold for this to stick. Longer-term thesis here is USD credibility eroding, and this week's Fed-independence headlines just reaffirm it. If gold holds above 4380, the miners may keep playing catch-up.
Aggregated and distilled by Two Sentence Traders. Not financial advice.