$GDXJ – Junior Gold Miner ETF (Last:110.58)

Like Gold futures, this ETF proxy for junior miners spent the week in timid remission.  Although it triggered a theoretical ‘buy’ signal on Monday, the follow-through failed to reach the midpoint Hidden Pivot resistance after four days of flailing. That could chain in a trice, however, presumably with a jump-start from May Silver, which looked ready to rumble when the week ended. As always, a strong push through p would clear a path to the 133.49 ‘d’ target of the pattern shown.

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