GDX (Gold Miners) ETF making progress (60 min. chart)

Updated version of a chart shown a few weeks ago when we ID’d bullish divergence and a potential short term downtrend breakout.  GDX diverged bullishly, broke the 60 min. downtrend and now tries to get above resistance.  If it holds, the short term target is 59.

NFTRH subscribers, think about this in conjunction with the parameters laid out in the SLW-SLV ratio email update sent this morning.