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Gold/Mining/Energy : Gold Price Monitor
GDXJ 107.29-0.9%Dec 2 4:00 PM EST

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To: Rarebird who wrote (115945)1/18/2024 2:15:19 PM
From: Sun Tzu  Read Replies (1) of 116791
 
Thank you for taking the time to articulate your reasoning.
I agree that DXY and TNX drop (which tend to go together) usually brings a rally in gold. A similar logic is why I showed you the chart of GDX*SHY rather than GDX alone.

Here's a long term chart of what you discussed:
GDX, TNX, and the USD.

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