The gold stocks are leading Gold and signaling the next leg higher.
The GDX to Gold and GDXJ to Gold ratios are breaking out and approaching new 52-week highs. GDXJ to GDX ratio is in bull mode.
The GDX Advance Decline line broke to a new 52 week high last week for the first time in four years.
The miners are showing quite a bit of strength this week while Gold consolidates last weeks gains.
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