GDXJ looked impressive last week, showing resilience and pluck when quotes for physical were getting crushed. In fact, the ETF ended the week on a ‘mechanical’ buy signal at 94.08 that was more than $3 in the black. I didn’t explicitly recommend the trade, but if you got aboard on your own initiative, the first by-the-book profit-taking opportunity would come at p=100.80. Regardless, a close above that Hidden Pivot would shorten the odds of the trend continuing to p2=107.51, or even to a new record at 114.22.