gbz breakout, page-21

Interesting to see that the junior gold miners ETF seems to have broken this long long downtrend movement. We've finally broken the previous lower high of the downtrend and have put in a high, possibly now we see a higher low for further continuation and confirmation of an uptrend...? You can also see - represented in purple - that the monthly RSI is building momentum and putting in higher lows and higher highs, which is a good sign as it shows there isn't any derived divergence yet, just conviction in trend. I've actually discussed this more in depth with some trader on tradingview if you would like to see both sides of the argument, just search the ticker GDXJ and click "see overview". I find it very interesting .