Near-Term Bottom in Gold Miners

$GDX

After a strong Q4 for gold miners, February has been a month to forget for GDX 0.00%↑ . But it’s looking at its third day in the green, and is trading 3:1 calls to puts in todays session. GDX 0.00%↑ found buyers at $26 back in November, and again here in February, so looks to be worth a shot above that.