Overall, the equity markets are pushing higher on air and expecting a serious pullback soon, after a surprise trigger.
Gold prices are not moving despite USD weakening... this is bad for Gold , and Gold Miners particularly.
Once the USD jumps, and Gold drops, then the Gold Miners will be in double jeopardy.
I like GDX , but it is reeking of danger right now. I would be very wary IMHO...