Oh, no, another gap! Yeah, I like ’em these days. This one is for XME, the Metals & Mining fund.
![](https://slopeofhope.com/wp-content/uploads/2024/08/slopechart_XME-2-640x338.jpg)
My bearishness on this is supercharged by the fact that the very long-term XME/GDX ratio chart has been screaming the same thing for months: short XME and buy GDX.
![](https://slopeofhope.com/wp-content/uploads/2024/08/slopechart_XME_GDX-1-640x338.jpg)