Junior mining companies tracked by this ETF look a little shakier at the moment than gold itself, but we can still try bottom-fishing if conditions are right. The pattern shown suggests we would enjoy appealing odds with a bid down around 23.54, a Hidden Pivot support that roughly coincides with the 23.65 target of a smaller pattern. Accordingly, I’ll recommend buying eight Dec 26 25-strike calls if GDXJ gets within 0.03 of the target by Tuesday. We can fine-tune the price in the chat room, but the calls would be well priced at around 0.95 if the 23.54 target were to be reached today.  That’s very unlikely, but I am providing a benchmark so that we can adjust downward next week. Be prepared in any case to stop yourself our of the calls if they trade for 0.20 less than you’ve paid for them. _______ UPDATE (December 8, 8:56 p.m.) GDXJ took a big bounce from 23.49 yesterday, allowing subscribers to get long easily within pennies of the low. Assuming 16 calls bought for 0.84 (the low was 0.80), the risk could have been neutralized by shorting 16 Dec 25 calls at the 27 strike for 0.84 (they last traded for 1.00 yesterday). For now, do nothing further.  Although our risk is zero, the position could produce a profit of as much as $3200. _______ UPDATE (December 12, 2:10 a.m.): Slippage though a minor midpoint support at 24.92 yesterday portends more weakness to a minimum 23.04. You can bottom-fish there aggressively, but I’d suggest a stop-loss no lower than 22.89,