Gold Stocks are Signaling the Next Big Move in Gold
The gold stocks are leading Gold and signaling the next leg higher.
The GDX to Gold and GDXJ to Gold ratios are breaking out and approaching new 52-week highs. GDXJ to GDX ratio is in bull mode.
The GDX Advance Decline line broke to a new 52 week high last week for the first time in four years.
The miners are showing quite a bit of strength this week while Gold consolidates last weeks gains.