"Nothing will hold this back." I think it is a little premature...

"Nothing will hold this back."

I think it is a little premature to make that statement.

There is a GDX/GDXJ Re-balance this Friday.....not that it will affect DRM directly.
But there will be some bargain sell-off in other miners which will indirectly affect DRM.

Next week US Fed interest rate hike....that is always a serious headwind for Gold and gold miners.

Once FED meeting pass.......Gold will get a direction...until then it will be trading in the range of USD 1208-1180.

Suffice to say I am very disappointed to see this miserable USD gold price action. Took it on the chin.