Long GDX

Yesterday, gold broke out, pushing GDX together with it.

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I found interesting that buying was very strong even after the gap-up.

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We can see below that volume was higher than usual, which confirms the Breakout.

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The Breakout Calculator shows that on the base of the data of two days ago (the close of the day before the breakout,) if we use the close of yesterday ($20.78) as a breakout price, we can see that the statistics for the past 500 days are excellent.

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This means that you can enter today at yesterday's close and expect to make good money.
You can see below that you could still enter between $20.30 and $21.34 and still make money.

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