GDX not part of commodity move?
Chart below tells me that since the November 2015 SM highs GDX trend is independent of commodities run which are still following the SM move (or perhaps visa-versa).
Energy/commodities still have not decoupled from overall market trend and PM’s are behaving more and more like money and a safety trade.
First chart, hope it works – great instruction Fully.
You’ve heard the expression: “There’s No Rush Like a Gold Rush” right…well there it is in chart form…GO GOLD!!!!…and if Gold is Up then miners will be “MORE Up”…thanks for the chart
Nice first chart
Good point YYZ