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Justiceisfalse

GDXJ looking like it is setting up for the long

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VanEck Junior Gold Miners ETF (AMEX:GDXJ)  
Justiceisfalse  
AMEX:GDXJ   VanEck Junior Gold Miners ETF
Gold Silver Copper S&P/TSX Composite
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gold silver copper tsx
The sector has been so beat up and cost have been cut across the board. It looks like the metals are picking up some bids and $GC_F is not willing to settle below $1300 anymore and producers not being economical under $1200. A lot of the names in the $GDX and $GDXJ also has $SI_F $SLV and $HG_F credits as well as other base metals that have been doing very well - see zinc on moly prices.
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