GDX Breakout on Monthly Chart

GDX has decisively broken the down trend established in 2021, and depending on how loosely one draws the trend line, it could be argued it started back in 2011 when metals and miners peaked. Either way, our accounts are up another 4%-6.4% today, as many miners make new bull move highs along with both silver and gold. On a side note, I started a position in Cotton futures yesterday that I will look to add to, if it can start rallying.