I expect that over the 12 Days of Christmas we will be treated to a real and confirmed advance in the GDX, perhaps not as spectacular as last Jul's rally but none-the-less, validated an confirmed. Its MY opinion, so lets see. First there is this:
Then today's action, wiped out the negative action of last week and leaves us with tomorrow's shortened Christmas Eve Session to Take-Care-of-Business.
Your call, your money, IMO, this is about as bottom as you get, or could get a position in easily, with the smokescreen of the Christmas Holiday. I shall hope its is a gift, and I hope it is my gift to you. Merry Christmas and Happy Holidays.