Buyers impaled the green line (x=29.26) with such force on Friday that I’ve used a conventional pattern to project higher prices. Critical resistance lies at p=30.90, and we’ll need to see how bulls handle it before we extend the bullish outlook beyond mere conjecture. If they can close GDXJ above it, however — ideally on the same day they’ve hit it — we could expect more upside to at least D=34.17.