Important day for miners
Gold
Post flags a potential long-term technical breakout in the miners-to-gold ratio (GDX/XAUUSD) above a trendline in place since 2016 (~0.0216). If the ratio holds, it implies miners may begin to outperform bullion—supportive for relative-value positioning (long GDX vs long gold, or add beta via senior miners). Key tradeable watchpoint is confirmation/hold above the breakout level; a failure would argue for fading the move and keeping exposure in bullion rather than equities. Useful as a sentiment/technical trigger rather than a fundamental catalyst.