$GDXJ is finally breaking out as gold taps $2900/oz

GDXJ and GDX are both generally positively correlated with gold price movements in the medium term, and this correlation has ticked back up meaning GDX and GDXJ should be playing catch up now that gold is crossing 22900/OZ due to global central banks and institutions accumulating to hedge erratic POTUS while stocks already at hefty valuations (except junior gold miners).