GDXJ Setting Up As a Great Market Hedge

GOLD has always effectively hedged against inflation, the USD, and overvalued
SPX markets. Current geopolitical uncertainty bolsters its value. Markets are heavily overinflated; the Shiller PE Ratio is higher than that of black Tuesday. GDXJ is setting up bullishly, making it a great independent and inversely market correlated hedge.

Relevant charts:

• GDXJ with confirmation on a higher timeframe, the weekly chart: snipboard.io/loGMHV.jpg
• USD futures showing overvaluation, approaching resistance, and uncertainty in price action: snipboard.io/VqYBJl.jpg
• S&P 500 index showing extreme overvaluation and bearish divergence between price action and RSI; confirmation with ADX: snipboard.io/dygiXW.jpg