Traders trying to time a bottom in gold miner ETFs have been burned by several false-start rallies the past few years.
Market Vectors Junior Gold Miners ETF (NYSEArca: GDXJ) rallied nearly 7% on Monday while Direxion Daily Gold Miners Bull 3x Shares (NYSEArca: NUGT), a 300% leveraged ETF, soared more than 16% at last check.
Market Vectors Gold Miners ETF
