Miners’ Major Breakout

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OK, it isn’t THAT major, but I couldn’t resist using that title. What I’m talking about is happening, with respect to its resistance trendline, on both the GDX……….

slopechart GDX

……and the junior miners, the GDXJ:

slopechart GDXJ

All thanks, of course, to gold’s genuine strength:

slopechart GLD

All I can say is: Godspeed, gold!

BONUS CHART: The S&P metals & mining symbol XME; holy Moses!

slopechart XME