Gold has been one of the strongest and clearest uptrends in the market this year.
While most investors have been glued to recession headlines or getting whipped around by the latest macro drama, gold’s been quietly leading — breaking out to new all-time highs and holding them like a champ.
The Junior Gold Miners $GDXJ have spent the better part of the last decade going nowhere.
That sideways grind has carved out a massive rounding bottom — and today, prices ripped to their highest level in over 12 years.
As long as it holds above 67, the path of least resistance is higher.
I’ve liked gold for a while, but now we’re seeing confirmation across the entire complex. The trade is broadening.
Miners are a clean, high-beta way to express a bullish thesis on precious metals.
The setup is solid, risk is well-defined, and there’s still room to run. I’m targeting a move back toward those former highs around 180.
The metals are moving. The setups are there.
Let’s take advantage of it.
We’ve been leaning into the miners theme in Breakout Multiplier with our July $AG calls — and they’re already up over 200%. We’ve unlocked the original trade idea so you can see exactly what we did.
And if you want a deeper dive into everything happening across gold, silver, miners, and the entire precious metals space — with detailed trade ideas, in-depth charts, and weekly strategy updates — join All Star Charts Gold Rush.
