The setup is much more bullish than the 2016 run…

2016 was a violent spike after a huge down trend off those 2011 highs…

Now that echo bubble out of the way, miners are consolidating above inclining 3 year moving averages, and inclining monthly defined green Ichimoku cloud support.

Those bullish 1&3 year crosses also now have a higher probability of holding the trend upwards.

$sil $silj $gdx $gdxj

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