Gold futures and this ETF proxy for mining exploration companies have stalled synchronously at Hidden Pivot midpoints tied to significantly loftier targets — the latter to as high as 72.23, a 53% move from here. There is no judging yet whether such a leap is imminent; that will require a decisive push past red-line (p) resistance.  For now, though, we shouldn’t assume anything, since the red line has yet to be breached in either vehicle. Please note that GDXJ would become a bankable ‘mechanical’ buy if it were to return to the green line (x=37.41), as well it might.