April gold is still trading around the $1330 level. I’m a little surprised it isn’t performing better with today’s US Dollar weakness (down 0.40%).
-GDX- It looks like miners will finish above the critical $22.43 gap level. The 20-day EMA appears to be supporting prices. Slipping below $22.36 tomorrow could trigger a wave of selling. Significant upside follow-through and a daily close above $23.10 would restore the bullish tone.